Principles of accounting Icom Part 1 English Medium Chapter 2 Online Test

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  • Available questions36
  • Chapter Name2
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Principles of accounting Icom Part 1 English Medium Chapter 2 Online Test

  • Total Questions15

  • Time Allowed20

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Principles of accounting Icom Part 1 English Medium Chapter 2 Online Test

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Question # 1

A transaction is recorded on the same days as its takes place, so  journal is also called:

Question # 2

کسی شے کے مسلسل اور لگاتار استعمال سے مختتم افادہ میں کمی آتی جاتی ہے بشرطیکہ دیگر امور بدستور ہیں اس قانون کو کہتے ہیں

Question # 3

Ledger Records Transaction in a/an

Question # 4

A table lost by fire should be debited to

Question # 5

Transaction are recorded data wise, so journal is also called:

Question # 6

Journal is prepared in

Question # 7

The process of recording business transaction in the journal is called

Question # 8

The book use to record all credit purchases is called:

Question # 9

A Ledger is a book in which

Question # 10

The expenditures which reduce revenue (profit) of the business are:

Question # 11

Left hand side of an account is called

Question # 12

Bill receivable account is a:

Question # 13

A schedule of balances of all accounts is called

Question # 14

In case of a debt becoming bad, the amount should be credited to

Question # 15

Journal means

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