Principles of Accounting Icom Part 2 English Medium Chapter 2 Online Test With Answers

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Principles of Accounting Icom Part 2 English Medium Chapter 2 Online Test

Sr. # Questions Answers Choice
1 The basic club record or book of original entry in non-profit making organization Purchase book Sales book Cash book "a" and "b"
2 A person who is elected to run the club Treasurer Secretary Chairperson President
3 The method for preparing the final accounts in trading concerns and non-profit making organizations are Same Different Easy Difficult
4 Non-profit making organization is also known as Non-profit seeking concern Non-trading concern Trading concern "a" and "b"
5 Non-profit making organizations are established for Profit Charitable or religious purpose To manufacture goods To help the rich people
6 Example of non-profit making organization Fan factory Sugar industry Hospital Shoe factory
7 Non-profit making organizations Buy goods Manufacture goods Sell goods None of these
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