Accounting Hard Mode Jobs Test

Accounting Test Hard Mode

Sr. #	Questions	Answers Choice
1	Errors which affect income statement belong to	Real A/c Personal A/c Nominal A/c None of these
2	Preliminary Exp.Incurred for formation of Joint Stock Company represent.	Capital loss Capital Exp. Revenue loss Deferred Revenue Exp
3	Net loss is transferred in balance sheet to	Capital Losses Assets Deferred losses
4	Operating expenses represent	G.P- Operative Exp Selling + General Exp Selling administrative Exp.D) All of these
5	Bank reconciliation represents	Ledger Statement Journal Both ledger and statement