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12th Class Principles of Accounting Test

Here you can prepare 12th Class Principles of Accounting English Medium Test. Click the button for 12th Class Principles of Accounting English Medium 100% free full practice test.

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 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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Ilmkidunya is the largest educational website of Pakistan which contains all up to date data for students of every field of subjects related to schools, colleges and universities. Every field of students can find help for their educational problems here. Ilmkidunya has given a great opportunity to I.Com part 2, HSSC part 2 students to prepare their papers online so that they can perform better in their annual exams. These online papers contain thousands of objective MCQs and by solving these online papers, ICom part 2 students can judge their preparation for annual exams.

 

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

M

Muhammad Ashir Amir

Lahore23 - Feb - 2023

10/15
07 Mins 54 Sec
H

Hamza Abid

Abbottabad18 - Mar - 2023

9/15
10 Mins 50 Sec
A

Areej Fatima

Lahore05 - Mar - 2023

8/15
02 Mins 09 Sec
A

A Z Gaming

Lahore05 - Mar - 2023

8/15
03 Mins 01 Sec
A

A Z Gaming

Lahore05 - Mar - 2023

8/15
03 Mins 19 Sec
M

Mainshakeel Shakeel

Lahore18 - Mar - 2023

8/15
04 Mins 15 Sec
A

Ahtasham

Lahore18 - Mar - 2023

8/15
05 Mins 39 Sec
H

Hamza Abid

Abbottabad20 - Mar - 2023

8/15
10 Mins 50 Sec

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

Sr. # Questions Answers Choice
1 The investment in partners capital accounts is to be credited to.
  • A. Partners capital accounts
  • B. Profit and loss account
  • C. Interest account
  • D. None of these
2 Debenture holders are.
  • A. Creditors
  • B. Owners
  • C. Customers of the company
  • D. Debtors
3 Bad debt written off always affect the
  • A. Deblor's account
  • B. Creditors account
  • C. Cash account
  • D. All of the above
4 Income and expenditur eaccount is prepared at the
  • A. Start of the year
  • B. Mid of the year
  • C. End of the year
  • D. At the start and ed of the year
5 In receipt and payments account
  • A. No narration is written
  • B. No ledger reference is recorded
  • C. Daily cash balance cannot be ascertained
  • D. All of the above
6 Depreciation is charged on.
  • A. Fixed tangible assets only
  • B. Fixex intangible assets only
  • C. Current assets only
  • D. None of these
7 For the firm, interest on drawing is.
  • A. Expense
  • B. Income
  • C. Liability
  • D. None of these
8 Cash paid to creditors can be woked out from.
  • A. Debtora account
  • B. Creditors account
  • C. Balance sheet
  • D. None of theses
9 The basic club record or book of original entry in non-profit making organization
  • A. Purchase book
  • B. Sales book
  • C. Cash book
  • D. "a" and "b"
10 Admission fee income should be.
  • A. Treated as income
  • B. Capitalized
  • C. Proportionate to revenue and capitalized
  • D. None of these

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  • Konain

    23 Mar 2019

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

    Like (1)
    Reply
  • Z

    Zain Awan

    07 Apr 2018

    15/14

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  • A

    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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  • A

    Abdul Rehman

    02 Feb 2018

    plz help me

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  • R

    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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  • S

    Shahrukh

    21 Apr 2016

    no question

    Like
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  • Z

    Zani Javed

    20 Apr 2016

    can u telll me that how given the test of geoghraphy and banking because these sub is not availabe their plzzzzzzzzzzzzzzzzz telllll me about these subbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

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  • Z

    Zani Javed

    06 Apr 2016

    how given the entry test of banking and an other sub plz plz plz help me about this matter.

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  • T

    Talib

    27 Feb 2016

    good job

    Like
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  • M

    Mahnoor

    29 Jan 2016

    its very Interesting. best website

    Like (1)
    Reply
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