12th Class Principle of Accounting Online MCQ's Test with Answers for Chapter 4 (Accounts of Join Stock Companies)

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ICOM Part 2 English Medium Principles of Accounting Chapter 4 MCQ's Test

Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test

Try the Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test.

  • Total Questions15

  • Time Allowed20

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Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test

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Question # 1

For the firm, interest on drawing is.

Question # 2

Current accoujts of the partners should be opened when the capital are.

Question # 3

The persons who have entered in partnership are collctive called.

Question # 4

Partnership is formed under the act of.

Question # 5

A person whoinvest the minor portion of capital in the business and so he has small share in the profit is called.

Question # 6

If some proparty is owned jointly with out any attention to carry on a business it is called.

Question # 7

A partner who is newly admitted to the firm with the consent of all the parties is called.

Question # 8

In the absence of an partnership agreement the pfofit and losses are divided by the partners in the ratio of.

Question # 9

The persons who have entered two partnership are individually called.

Question # 10

Investment in partnership is made byintroducing.

Question # 11

Maximum numebr of the partners in an ordinary Partinership.

Question # 12

Partnership is formed by the partners.

Question # 13

Registraion of the firm.

Question # 14

The investment in partners capital accounts is to be credited to.

Question # 15

In case of banking business, the numerb of persons must not exceed.

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