Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test

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  • Available questions22
  • Chapter Name11
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Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test

  • Total Questions15

  • Time Allowed20

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Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test

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Question # 1

______ is prepared to avoid errors in the permanent records of accounting

Question # 2

A sheet which minimizes the chances of errors to the maximum possible extent is called

Question # 3

In the preparation of the worksheet the amounts on the trail balance columns are taken directly from

Question # 4

Which one of the following in used to simplify work, to be done at the end of period

Question # 5

Work sheet is also used as a source to prepare ______

Question # 6

The amount of assets, liabilities, capital and drawings are extended form adjusted trail balance to the

Question # 7

A ______ is a large columnar sheet of paper

Question # 8

One way of avoiding errors in the permanent accounting records is to use a form which is called

Question # 9

Worksheet provides complete information for preparing

Question # 10

Adjusting entries affect

Question # 11

The excess of credit column over debit column in income statement is called

Question # 12

Which one of the following is not considered the permanent part of the accounting record?

Question # 13

Worksheet contains ______ pairs of money columns

Question # 14

The body of worksheet contains

Question # 15

______ must be prepaid for testing ledger accounts, adjusting entries and financial statement

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