12th Class ICom Part 2 Principles of Accounting Chapter Wise Online MCQ Test with answers PDF English Medium

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 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.

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ICOM Part 2 English Medium Principles of Accounting MCQ's Test

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ICOM Part 2 Principles of Accounting Chapter Wise Online MCQ's Test

Here is List Of Chapter Wise Tests

Test Name	MCQs Available	PDF File	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test	53	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 2 Online Test	67	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 3 Online Test	40	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test	30	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 5 Online Test	20	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 6 Online Test	21	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test	23	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test	60	Download PDF	Launch Test
Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test	31	Download PDF	Launch Test

Top Scorers of Principles of Accounting Icom Part 2 English Medium Online Test

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Ali Ashraf 08 - May - 2024 00 Min 26 Sec 15/15
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Rtyeq Rfff 01 - Nov - 2024 00 Min 37 Sec 15/15
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Fazilat Official 10 - Dec - 2025 01 Min 42 Sec 15/15
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Unknown 09 - May - 2024 03 Min 01 Sec 14/15
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Sadia6560 Noman 07 - Dec - 2025 03 Min 42 Sec 14/15
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Saad Aleem 09 - May - 2024 04 Min 12 Sec 13/15
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Sardar Ahmad 08 - Jun - 2024 09 Min 35 Sec 12/15
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laiba shafiq 13 - Jul - 2024 03 Min 52 Sec 11/15
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Alladeen 03 - Aug - 2024 04 Min 16 Sec 11/15
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Ahsan Ali 13 - Dec - 2024 04 Min 58 Sec 11/15
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Wasib Abbasi 09 - May - 2024 19 Min 52 Sec 11/15
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Haris 152 11 - May - 2026 02 Min 31 Sec 10/15
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Shazir khan 10 - May - 2024 04 Min 03 Sec 10/15
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Maryam Nazar 22 - Apr - 2026 05 Min 08 Sec 10/15
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zain khan 06 - Mar - 2026 02 Min 22 Sec 9/15

ICom Part II Principles of Accounting Important MCQ's

Sr.#	Question	Answer
1	Net worth is equal to,	A. Assets - Liabilities B. Liabilities - Assets C. Liabilities + Capital D. Capital + Assets
2	Non-profit making organizations	A. Buy goods B. Manufacture goods C. Sell goods D. None of these
3	The documents which contains the rules and regulation for the internal management of the company is called.	A. Prospectus B. Articles of assocaition C. Memorandum of association D. Notice
4	Depreciation caused by some external amoutn of anual depreciation gradully.	A. Increase B. Decrease C. Remain constant D. None of these
5	Account salesis submitted by.	A. Teh consignor to the consignee B. The consignee to the consignor C. the debtor to the creditors D. The principle to his agent
6	In case of del creder commission the liability of bad debts is on	A. Consignee B. Consignor C. Both on consignee and consignor D. None of the above
7	The debentures which does not carry any charges o the assets of the company.	A. Simple debentures B. Mortagage debentures C. Redeemable debentures D. None of these
8	Due to drawings made during the year, the closing capital will,	A. Increase B. Decrease C. Constant D. Multiply
9	Bad debt written off always affect the	A. Deblor's account B. Creditors account C. Cash account D. All of the above
10	Consignor is also called.	A. Principal B. Agent C. Debtor of the consignee D. Creditor of the consignee

ICOM Part 2 English Medium Principles of Accounting Test

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Konain
23 Mar 2019

yahn p MCQs ky ilawa subjective k test nhi hota plz help me

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ZaiN AwaN
07 Apr 2018

15/14

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Abdul Rehman
02 Feb 2018

moja kuch bi nhi ata plz i request you k moja sb smjaa da sir plz plz mein kaam krta hun jis ki wjja sa mein study ko time nhi da skka plzz help me

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Abdul Rehman
02 Feb 2018

plz help me

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raja toseef
16 Nov 2017

sir mujy princepal of accounting icom part ll k chapter numbar 25 depression ki problims karwa dain ap ki bhot mahrbani ho ge plzzzzzzz

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

ICOM Part 2 English Medium Principles of Accounting MCQ's Test

ICOM Part 2 Principles of Accounting Chapter Wise Online MCQ's Test

Principles of Accounting Icom Part 2 English Medium Online Test

Principles of Accounting Icom Part 2 English Medium Online Test

Income and expenditure account records the transactions of

Cash paid to creditors can be woked out from.

Credit side of iincome and expenditure account records.

Receipt and payment account is prepared at the.

Subcription received during the current year is.

In case of dissolution, assets sold for cash are debited to.

Un recorded liability when paid on dissolution of the firmis debited to.

Interest on dividend is paid.

the profit on consignment in the books of the consignor should be deited to.

Receipts and payments account shows

The shares of public limited company are.

Admission fee income should be.

premium on issue of shares is shown in.

Registered company is

Receipts and payments accounts records transaction relating to.

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Here is List Of Chapter Wise Tests

Top Scorers of Principles of Accounting Icom Part 2 English Medium Online Test

ICom Part II Principles of Accounting Important MCQ's

ICOM Part 2 English Medium Principles of Accounting Test

Test Questions

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