Accounting Test Hard Mode With Answers

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Accounting Test Hard Mode

Sr. # Questions Answers Choice
1 Sales return is also called Return inward Return to seller Return outward Return inward and return to seller both
2 Business debts are also called is Capital Liabilities Drawing Assets
3 The science and art of correctly recording business dealing in a set of books is called Book keeping Auditing Accounting Recording
4 Prepaid expenses are Expense Liability Asset None of these
5 Favourable bank balances means Credit balance of cash book Debit balance of cash book Debit balance of pass book None of these
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