11th class Principles of Accounting chapter 6 online mcq test with answers for I.Com part 1 Principles of Accounting chapter 6(Accounting for Bills of Exchange)

Principles of accounting Icom Part 1 English Medium Chapter 6 Online Test

Sr. #	Questions	Answers Choice
1	Bad debts are	deferred expenditure revenue expenditure capital expenditure none of these
2	Which one of the following is appeared in the balance sheet ?	revenue expenditure capital expenditure deferred revenue both b,c
3	Any expenditure incurred to increase the earning capacity of a business	capital expenditure capital loss revenue loss revenue expenditure
4	Preliminary expenses incurred before the commencement of business	revenue expenditure capital expenditure deferred revenue expenditure capital loss
5	The outflow of funds to meet the running expenses of a business	Revenue loss Revenue expenditure capital expenditure capital loss