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MCQ's Test For Chapter 1 "MTH-501 Quiz Online Test"
Try The MCQ's Test For Chapter 1 "MTH-501 Quiz Online Test"
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Total Questions20
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Time Allowed20
MTH-501 Quiz Online Test
00:00
Question # 1
Which of the following account will be credited,when the goods are purchase on cash?
Question # 2
If the cost of the sales is Rs 60,000 are Rs 95,000 and opening expenses are Rs 20,000 during the year.What would be the net profit?
Question # 3
Which of the following statement is NOT TRUE about current liabilities?
Question # 4
Which of the following account balance will be shown on debit side of trail balance ?
Question # 5
Which of the following is non profit-able organization?
Question # 6
Which of the following account will be credit,if business sold goods for Rs 10,000 on credit?
Question # 7
In an account if credit< debit side then the balance is known as
Question # 8
Which of the following is NOT prepared by Non Profit organization?
Question # 9
The main goal of bank reconciliation statement is:
Question # 10
Which of the following financial statement summarizes the profitability of an organization for a particular period?
Question # 11
Double entry accounting system include:
Question # 12
Depreciation arises because
Question # 13
Bank reconciliation statement is :
Question # 14
The stock of manufacturing concern consists of
Question # 15
Accountancy cover which of the following series
Question # 16
What will be the effect on accounting equation ,which payment is made to the creditor of the business?
Question # 17
Which of the following is NOT an example of current Asset?
Question # 18
The time span in which financial statements of the business are prepared is called
Question # 19
In accounting accumulated depreciation is :
Question # 20
Which of the following is an alternate term which can be used for "Capital"?
Top Scorers Of Chapter 1 "MTH-501 Quiz Online Test" MCQ`s Test
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S SYED HASSAN RAZA Muhammad yousaf Shah 15 - Dec - 2024 03 Min 23 Sec 9/20 -
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B bc200404586 AYESHA WARIS 31 - Jul - 2024 01 Min 18 Sec 3/20 -
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M M.Abbas Maneka 01 - Apr - 2024 02 Min 43 Sec 1/20
Test Questions