This online test contains MCQs about following topics:
Try the Principles of accounting Icom Part 1 English Medium Chapter 3 Online Test.
Total Questions15
Time Allowed20
. Need and importance if accounting . Analysis of transactiions . Double entry system . Advantages of double entry system . SIngle entry system . Distinction between double entry system and single entry system . What is an account? . Classification of account . Rules for debiting and crediting . Explanation of rules
Ch. # | Test Name | MCQs Available | PDF File | Answers Mode | Launch Test |
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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 3 Analysis of Business Transactions and Double Entry System Test. Click the button for 100% free full practice test.
Sr. # | Questions | Answers Choice |
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1 | When a drawer discounts a bill, he debits | Bank Account Interest Account Drawee Account Bill Receivable Account |
2 | A bill of exchange is drawn by | Debtor Creditor Endorser Endorsee |
3 | A bank reconciliation statement is prepared by: | banker Accountant of the business Statutory auditors Rigistar |
4 | All those expenses which are incurred to convert raw-materials into finished goods are called: | Direct expenses Indirect expenses Administrative expenses Sales expenses |
5 | A bill from the point of view of a debtor is called | Bill Acceptable Bill Receivable Bill Payable None of these |
6 | Accommodation bills are drawn accepted and endorsed | Without any Consideration for some Consideration for Quarter Consideration none of the above |
7 | Subsidiary books are called the book of: | Original entry Secondary entry Temporary entry Basic entry |
8 | The transaction for which non separate book is maintained are recorded in: | Journal proper Bills receivable book Bills payable book Cash book |
9 | Interest on renewal of a bill is the expense of | Drawer Drawee Holder Endorsee |
10 | The act of withdrawing a bill of exchange from circulation when it had been paid before the due date | Renewal of a Bill Discounting of a Bill Endorsement of a Bill Retiring of a Bill |