11th Principles of Accounting Chapter 10 Test

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First Year Principles of Accounting Chapter 10 Online MCQ Test for 1st Year Principles of Accounting Chapter 10 (Adjustment and Their Effects on Final Accounts)

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Principles of accounting Icom Part 1 English Medium Chapter 10 Online Test

Try the Principles of accounting Icom Part 1 English Medium Chapter 10 Online Test.

  • Total Questions15

  • Time Allowed20

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. The two systems of ascertaining profit or loss . Adjustment and their need . Main types of adjustment . Necessity for provision for doubtful debt . Provision for discount on debtors . Provision for discount on creditors . Some typical problems in final accounts

ClassName Chapter Wise Test

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Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
1 Principles of accounting Icom Part 1 English Medium Online Test 396 Download PDF MCQ Answers Launch Test
1 Principles of accounting Icom Part 1 English Medium Chapter 1 Online Test 35 Download PDF MCQ Answers Launch Test
2 Principles of accounting Icom Part 1 English Medium Chapter 2 Online Test 36 Download PDF MCQ Answers Launch Test
3 Principles of accounting Icom Part 1 English Medium Chapter 3 Online Test 35 Download PDF MCQ Answers Launch Test
4 Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test 35 Download PDF MCQ Answers Launch Test
5 Principles of accounting Icom Part 1 English Medium Chapter 5 Online Test 35 Download PDF MCQ Answers Launch Test
6 Principles of accounting Icom Part 1 English Medium Chapter 6 Online Test 35 Download PDF MCQ Answers Launch Test
7 Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test 18 Download PDF MCQ Answers Launch Test
8 Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test 25 Download PDF MCQ Answers Launch Test
9 Principles of accounting Icom Part 1 English Medium Chapter 9 Online Test 25 Download PDF MCQ Answers Launch Test
10 Principles of accounting Icom Part 1 English Medium Chapter 10 Online Test 25 Download PDF MCQ Answers Launch Test
11 Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test 22 Download PDF MCQ Answers Launch Test
12 Principles of accounting Icom Part 1 English Medium Chapter 12 Online Test 20 Download PDF MCQ Answers Launch Test
13 Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test 25 Download PDF MCQ Answers Launch Test
14 Principles of accounting Icom Part 1 English Medium Chapter 14 Online Test 25 Download PDF MCQ Answers Launch Test

Here you can prepare 11th Principles of Accounting English Medium Chapter 10 Adjustment and Their Effects on Final Accounts Test. Click the button for 100% free full practice test.

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  • Muhammad Hasan Ali 04 - Feb - 2024 01 Mins 04 Sec 12/12
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Principles of accounting Icom Part 1 English Medium Chapter 10 Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 The accrued income or outstanding income will appear in the balance sheet as An expense A liability An asset Both a & b
2 Net profit is always Equal to gross profit More than gross profit Less than gross profit None of these
3 The system of accounting in which accounting entries are made only when cash received or paid is known as Cash system Accrual system Mercantile system Single system
4 A prepaid expense is An asset A liability An expense An income
5 A gradual decrease in the value of fixed assets is called Reduction Revaluation Deprecation None of these
6 Provision for the doubtful debts is debited to Debtors a/c Provision for bad debts a/c Profit or loss a/c Bad debts recovered a/c
7 The accounting system in which accounting entries are made on the basis of amount having become due for payment or receipt, is called Cash system Accrual or mercantile system Outstanding system None of these
8 The debts, which are irrecoverable from the debtors, are called Debts Doubtful debts Bad debts Good debts
9 An income which has earned but not received is called Unearned income Accrued revenue Revenue received in advance None of these
10 Wages paid of installing a machine should be debited to Wages a/c cash a/c Machinery a/c None of these
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