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11th Class Principles of Accounting Test

Here you can prepare 11th Class Principles of Accounting English Medium Test. Click the button for 11th Class Principles of Accounting English Medium 100% free full practice test.

11th Class I.Com Part 1 Principles of Accounting MCQ Test With Answer for Principles of Accounting Full Book

Principles of accounting are the main subject for the I.com students. There are general rules and concepts that governor the field of accounting.

Ilmkidunya provides the great opportunity to the students to provide the latest outline of the paper. This Principle of accounting online test makes the students more competent and proficient on the theory of the book. Objective is the essential part of the paper. There is 20% paper consist of the objective. If the students want to get the good grades, the students have to solve this part.

ICOM Part 1 Accounting Test
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Thousands of question is made by the professional and expert teachers. Students can easily get grasp on all the theory and objective as well. After attempting this MCQ online test, students are able to well perform in the papers and pass the exams with brilliant success. Students can also judge their ability and skills after solving the test. Students can do this online test many times until they make sure about the accuracy of the test.

In this online test we come to know the overall rules –referred to as basic accounting principles and rules Principles of accounting online test students can get grip on the introduction to accounting basics, Blance sheet Assets, balance sheet liabilities and stock holder equities, statements on cash flows, double entry system sample transition no. it is advised to the students to solve this online test to get good grades in the exams.

Top Scorers of Principles of accounting Icom Part 1 English Medium Online Test

A

Ayeza Khan

Lahore19 - Mar - 2025

12/15
05 Mins 50 Sec
F

Faiz Rasool

Lahore28 - Mar - 2025

11/15
03 Mins 52 Sec
F

Faiz Rasool

Lahore28 - Mar - 2025

11/15
03 Mins 52 Sec
A

Amna Khalid

Lahore23 - Mar - 2025

11/15
04 Mins 01 Sec
S

Sajjad M

Lahore10 - Mar - 2025

11/15
05 Mins 02 Sec
A

Amna Khalid

Lahore23 - Mar - 2025

10/15
02 Mins 32 Sec
A

Amna Khalid

Lahore23 - Mar - 2025

10/15
03 Mins 53 Sec
M

Muqarab Khalid

Lahore16 - Mar - 2025

10/15
04 Mins 08 Sec
A

Ayeza Khan

Lahore19 - Mar - 2025

10/15
04 Mins 10 Sec
U

Umer Saeed

Lahore18 - Mar - 2025

10/15
05 Mins 24 Sec
A

Ayeza Khan

Lahore19 - Mar - 2025

10/15
07 Mins 19 Sec
A

Abdullah Mahar

Lahore25 - Feb - 2025

9/15
03 Mins 22 Sec
A

Amna Khalid

Lahore23 - Mar - 2025

9/15
03 Mins 59 Sec
R

Razi Sandhu

Lahore08 - Feb - 2025

9/15
04 Mins 28 Sec
M

Muqarab Khalid

Lahore16 - Mar - 2025

9/15
04 Mins 41 Sec

11th Class I.Com Part 1 Principles of Accounting MCQ Test With Answer for Principles of Accounting Full Book

Sr. # Questions Answers Choice
1 Debts which are repayable in the course of less than one year bur more than one month are called
  • A. Quick liabilities
  • B. Deferred liabilities
  • C. Contingent liabilities
  • D. Liquid liabilities
2 Journal shows all necessary information regarding.
  • A. The document
  • B. A transaction
  • C. The accounting
  • D. Meeting
3 Patent is an example of
  • A. Assets
  • B. Liabilities
  • C. Income
  • D. Expense
4 The cash book is a 
  • A. Subsidiary Journal
  • B. Ledger Account
  • C. Subsidiary Journal and Ledger
  • D. Trial Balance
5 The most exhaustive cash book is
  • A. Petty Cash Book
  • B. Single Column Cash Book
  • C. Double Column Cash Book
  • D. Treble Column Cash Book
6 Which cash is paid or received in an exchange the transaction is called:
  • A. Sale transaction 
  • B. Cash transaction
  • C. Credit transaction
  • D. None of the above
7 Our cheque to Babar & Bros, returned dishonoured should be credited to
  • A. Cheque Account
  • B. Cash Account
  • C. Bank Account
  • D. Babar & Bros A/c
8 Unfavorable balances mean
  • A. Credit balance in the pass book
  • B. Credit balance in the cash book
  • C. Debit balance in bank statement
  • D. Both b & c
9 Net loss is always
  • A. Equal to gross loss
  • B. More than gross loss
  • C. Less than gross loss
  • D. None of these
10 Subsidiary books are called books of
  • A. Original entry
  • B. Secondary entry
  • C. Final entry
  • D. Basic entry

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