11th Class Principles of Accounting Test

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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.

Principles of accounting Icom Part 1 English Medium Online Test

Try the Principles of accounting Icom Part 1 English Medium Online Test.

  • Total Questions15

  • Time Allowed20

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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. 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.

ClassName Chapter Wise Test

Here is List Of ClassName Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
1 Principles of accounting Icom Part 1 English Medium Online Test 396 Download PDF MCQ Answers Launch Test
1 Principles of accounting Icom Part 1 English Medium Chapter 1 Online Test 35 Download PDF MCQ Answers Launch Test
2 Principles of accounting Icom Part 1 English Medium Chapter 2 Online Test 36 Download PDF MCQ Answers Launch Test
3 Principles of accounting Icom Part 1 English Medium Chapter 3 Online Test 35 Download PDF MCQ Answers Launch Test
4 Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test 35 Download PDF MCQ Answers Launch Test
5 Principles of accounting Icom Part 1 English Medium Chapter 5 Online Test 35 Download PDF MCQ Answers Launch Test
6 Principles of accounting Icom Part 1 English Medium Chapter 6 Online Test 35 Download PDF MCQ Answers Launch Test
7 Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test 18 Download PDF MCQ Answers Launch Test
8 Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test 25 Download PDF MCQ Answers Launch Test
9 Principles of accounting Icom Part 1 English Medium Chapter 9 Online Test 25 Download PDF MCQ Answers Launch Test
10 Principles of accounting Icom Part 1 English Medium Chapter 10 Online Test 25 Download PDF MCQ Answers Launch Test
11 Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test 22 Download PDF MCQ Answers Launch Test
12 Principles of accounting Icom Part 1 English Medium Chapter 12 Online Test 20 Download PDF MCQ Answers Launch Test
13 Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test 25 Download PDF MCQ Answers Launch Test
14 Principles of accounting Icom Part 1 English Medium Chapter 14 Online Test 25 Download PDF MCQ Answers Launch 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. 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.

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Principles of accounting Icom Part 1 English Medium Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 When is a drawee is declared insolvent which account is to be debited in the books of drawer Deficiency a/c Bad Debts a/c Solvency a/c None of these
2 How many parties are involved in case of Discounting of a bill ? Two Three Four None of these
3 Gross profit equals to Net profit minus expenses Sales minus closing stock Purchases minus closing stock Sales minus cost of goods sold
4 Preliminary expenses paid in the formation of a company is a Capital expenditure Deferred expenditure Revenue expenditure Capital loss
5 When ban column of a cash book shows a debit balance it means: Overdraft as per bank Unfavourable balance as per cash book Favourable balance as per cash book Favourable balance as per pass book
6 A bill of exchange is drawn by: A debtor A creditor A holder Endorsee
7 If a liability is recorded as income, it will be considered as Error of commission Error of omission Error of Principle None of these
8 In the preparation of the worksheet the amounts on the trail balance columns are taken directly from Journal Ledger Trail balance Transaction
9 Which of the following normally has a credit balance Machinery a/c Purchases a/c Stock a/c Sales a/c
10 Premium on issue of shares of a company represents capital loss capital profit capital payment none of these
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