12th Class Principle of Accounting Online MCQ's Test with Answers for Chapter 9 (Partnership Accounts Dissolution of the Firm)

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ICOM Part 2 English Medium Principles of Accounting Chapter 9 MCQ's Test

Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test

Try the Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test.

  • Total Questions15

  • Time Allowed20

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Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test

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Question # 1

The depreciation charged to motor car account will be debited to.

Question # 2

Under the diminishing balance method the depreciationis calculated on .

Question # 3

The process of writing of intengible assets patent right, good will etc is called.

Question # 4

Depreciation fund method is also known as.

Question # 5

Depreciation caused by some external amoutn of anual depreciation gradully.

Question # 6

Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc.

Question # 7

Depreciation arise because of

Question # 8

Which of the following method is suitable for charging depreciation an machinery and furniture.

Question # 9

Under annuity method the amount of depreciation is.

Question # 10

The assets which have not got physical existence are called.

Question # 11

The value of an asset at the end of the working life is called.

Question # 12

Under diminhing balance method, depreciationis calculated on.

Question # 13

The method is specially suited to natural surces is said to be

Question # 14

The amount of assets may rise of fell on account of.

Question # 15

Another name of diminishing balance method of depreciation is the

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