Accounting Test Hard Mode With Answers

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Accounting Test Hard Mode

Sr. # Questions Answers Choice
1 Which of theses assets is an intangible asset Building Cash Furniture Good will
2 For payment of bill of exchange grace days are 2 days 3 days 5 days 4 days
3 Cash and goods invested by the proprietor in business is called Investment Capital Drawings None of these
4 The cheque which is returned by the bank unpaid is called Cross cheque Dishonour cheque Bearer cheque Order cheque
5 Trial balance is prepared to detect Errors of omission Compensating errors Errors of commission Errors of principles
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