ICOM Part 2 English Medium Principles of Accounting Test

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12th Class Principles of Accounting MCQ Test With Answer for Principles of Accounting Full Book

Principles of accounting are the rules and guidelines to report financial data, the general guidelines and principles, standards and detailed rules, plus industry practices that exist for financial reporting.

Principles of Accounting Icom Part 2 English Medium Online Test

Try the Principles of Accounting Icom Part 2 English Medium Online Test.

  • Total Questions15

  • Time Allowed20

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Principles of Accounting Icom Part 2 English Medium Online Test

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Question # 1

Credit side of iincome and expenditure account records.

Question # 2

The process of writing of intengible assets patent right, good will etc is called.

Question # 3

The value of the share as quoted on the stock exchange is said to be

Question # 4

Excess of liablilities over assets is an indication of .

Question # 5

A partner who is newly admitted to the firm with the consent of all the parties is called.

Question # 6

The face value of the share is also known as.

Question # 7

Under annuity method the amount of depreciation is.

Question # 8

Dell creder commission is calculated on.

Question # 9

Those debentures wihch carry no security as to payment of interest or repayment of principal, are known as.

Question # 10

Income and expenditure account is credited with all.

Question # 11

Consignee is.

Question # 12

A company comes into existence when the registrar issue the

Question # 13

Profit and loss on revalution at the time of retirement must be transerred to the partners in.

Question # 14

A person whoinvest the minor portion of capital in the business and so he has small share in the profit is called.

Question # 15

A person who purchases the share of the company becomes its.

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Principles of Accounting HSSC part 2, I.Com part 2 objective paper consists of MCQs of 20 marks and it has to be attempted in first 25 minutes. This objective MCQs section is compulsory. By the end of the year students do not find enough time to write and prepare their papers because of time shortage, ilmkidunya has provided a solution for I.Com part 2 students. ICom part 2 Students can prepare their Principles of Accounting subject on this page by attempting this online MCQs objective paper. I.Com part 2 students can attempt Principles of Accounting objective paper as many times as they want. In this case I.com students will be able to prepare their principles of accounting paper in a better way with complete guidelines.

ClassName Chapter Wise Test

Here is List Of ClassName Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test 62 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 6 Online Test 42 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 5 Online Test 40 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test 60 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test 120 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test 46 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 3 Online Test 80 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 2 Online Test 134 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test 106 Download PDF MCQ Answers Launch Test

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