11th Class ICom Part 1 Principles of Accounting Chapter Wise Online MCQ Test With Answers PDF

Principles of accounting Icom Part 1 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Gross profit is derived from	Trading a/c Profit & Loss a/c Trial Balance Balance Sheet
2	The balance of petty cash book is a/an	Asset Liability Expense Income
3	Bank Reconciliation represents	A Journal A Ledger A Statement both a and c
4	Credit Balance of pass book must be equal to debit balance of	Cash Book Bank Ledger Clients other Account None of these
5	Pass book is prepared by	Debtor Creditor Banker Customer
6	Cheques issued to a creditor but not presented for payment are called	Un Credited Cheques Uncollected Cheques Un Presented Cheques Dishonoured Cheques
7	The favourable balance of bank statement is	Credit Balance Debit Balance Zero Balance Both b and c
8	Unfavourable balance means	Credit Balance in the Pass Book Credit Balance in the Cash Book Debit Balance in Bank Statement Both b and c
9	Bank reconciliation statement is prepared by	Banker Customers Accountant Auditor Manager
10	The book in which all cash transactions are primarily recorded is called	Cheque Book Pass Book Cash Book Finance Book
11	Our cheque to Babar & Bros, returned dishonoured should be credited to	Cheque Account Cash Account Bank Account Babar & Bros A/c
12	Petty cash book is a branch of	Pass Book Cash Book Journal Ledger
13	An Entry which is recorded on the both sides of cash book is called	Simple Entry Compound Entry Combined Entry Contra Entry
14	In three column cash book, discount column is	Totaled Balanced Carry Forward Both a and b
15	How many columns are drawn on one side of three column cash book ?	Five Columns Six Columns Seven Columns Eight Columns

Download This Set