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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.

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.

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

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S.M.ABDULLAH SHAH

Lahore02 - Feb - 2024

15/15
22 Sec
N

Nadra Batool

Lahore28 - Mar - 2024

15/15
03 Mins 46 Sec
N

Nadra Batool

Lahore28 - Mar - 2024

15/15
03 Mins 46 Sec
S

Sadad Ul Haq

Lahore16 - Apr - 2024

14/15
02 Mins 25 Sec
N

Nadra Batool

Lahore28 - Mar - 2024

14/15
03 Mins 46 Sec
M

Maliha Maliha

Lahore25 - Mar - 2024

13/15
02 Mins 52 Sec
M

Muzamil Javaid

Lahore12 - Apr - 2024

13/15
03 Mins 01 Sec
E

Eman Official

Lahore23 - Mar - 2024

13/15
03 Mins 17 Sec
M

Merlin

Lahore05 - Apr - 2024

13/15
03 Mins 44 Sec
A

Ahmad Raza

Lahore02 - Feb - 2024

13/15
04 Mins 16 Sec
M

Maliha Maliha

Lahore25 - Mar - 2024

12/15
02 Mins 58 Sec
M

Maliha Maliha

Lahore25 - Mar - 2024

12/15
03 Mins 29 Sec
S

Saad Aleem

Lahore01 - Apr - 2024

12/15
08 Mins 08 Sec
E

Eman Official

Lahore23 - Mar - 2024

11/15
02 Mins 25 Sec
M

Maliha Maliha

Lahore25 - Mar - 2024

11/15
02 Mins 46 Sec

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

Sr. # Questions Answers Choice
1 We cannot prepare the trial balance and precise balance sheet under,
  • A. Single entry system
  • B. Double entry system
  • C. "a" and "b"
  • D. Barter system
2 Amount received by the way of gift from any person or organization is called.
  • A. Donation
  • B. Subscription
  • C. Legacy
  • D. None of these
3 The which is calculated at the time of retirment of partner is
  • A. Gaining ratio
  • B. Serching ratio
  • C. Capita ratio
  • D. New ratio
4 Non-profit making organizations
  • A. Buy goods
  • B. Manufacture goods
  • C. Sell goods
  • D. None of these
5 When the cash is received from the sale of the goods by the consigneee on behalf the consignor then it will be debited to.
  • A. Cash account
  • B. Consignor 's personal account
  • C. Consignment account
  • D. None of these
6 Income and expenditure account records the transactions of
  • A. Revenue nature
  • B. Capital nature
  • C. Revenue and capital nature
  • D. None of the these
7 Joint stock company is an Artificaial person created by
  • A. Law
  • B. Federal Govt
  • C. Registrar
  • D. Employees
8 Consignee is.
  • A. A principal
  • B. An agent
  • C. A debtor
  • D. A creditor
9 In appearance, the statement of affairs, is similar to a.
  • A. Balance sheet
  • B. Profit and loss account
  • C. Trading account
  • D. Bank Reconciliation statement
10 The part of the issued capital which has been taken up or subscribed by the public is called
  • A. Issued capital
  • B. Authorized capital
  • C. Subscribed capital
  • D. Paid up capital

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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

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  • Z

    Zani Javed

    20 Apr 2016

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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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