ICOM Part 2 English Medium Principles of Accounting Test

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12th Class Principles of Accounting MCQ Test With Answer for Principles of Accounting Full Book

Principles of accounting are the rules and guidelines to report financial data, the general guidelines and principles, standards and detailed rules, plus industry practices that exist for financial reporting.

Principles of Accounting Icom Part 2 English Medium Online Test

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

  • Total Questions15

  • Time Allowed20

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Principles of Accounting HSSC part 2, I.Com part 2 objective paper consists of MCQs of 20 marks and it has to be attempted in first 25 minutes. This objective MCQs section is compulsory. By the end of the year students do not find enough time to write and prepare their papers because of time shortage, ilmkidunya has provided a solution for I.Com part 2 students. ICom part 2 Students can prepare their Principles of Accounting subject on this page by attempting this online MCQs objective paper. I.Com part 2 students can attempt Principles of Accounting objective paper as many times as they want. In this case I.com students will be able to prepare their principles of accounting paper in a better way with complete guidelines.

ClassName Chapter Wise Test

Here is List Of ClassName Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test 31 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 6 Online Test 21 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 5 Online Test 20 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test 30 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test 60 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test 23 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 3 Online Test 40 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 2 Online Test 67 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test 53 Download PDF MCQ Answers Launch Test
0 Principles of Accounting Icom Part 2 English Medium Online Test 345 Download PDF MCQ Answers Launch Test

Ilmkidunya is the largest educational website of Pakistan which contains all up to date data for students of every field of subjects related to schools, colleges and universities. Every field of students can find help for their educational problems here. Ilmkidunya has given a great opportunity to I.Com part 2, HSSC part 2 students to prepare their papers online so that they can perform better in their annual exams. These online papers contain thousands of objective MCQs and by solving these online papers, ICom part 2 students can judge their preparation for annual exams.  

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Principles of Accounting Icom Part 2 English Medium Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 Income and expenditure account is equivalent to the. Receipt and payment account Balance sheet Cash book Profit and loss account
2 Arithmetical accuracy of the books of accounts cannot be checked under. Single Entry system Double entery system None entery system Both a and b
3 The charter of the company containing the objects of whihc for company is being formed is called. Articles of association Prospectus Memorandum of associaton Notice
4 The method is specially suited to natural surces is said to be Annuity method Depletion method Revalution method Sum of digit method
5 The debentures which are repayable at the end of a specified period are termed as. Redeemeble debentures Irredeemable debentures Repayable debetures None of these
6 If the price required to be paid to the company for the share is equal to the nominal value of that share it is called. At discount At premium At par None of these
7 Cash paid to creditors can be woked out from. Debtora account Creditors account Balance sheet None of theses
8 The income and expenditure account performs the same function as. Trading and profit and loss account Manafactureng account Balance sheet None of these
9 Both aspects of a transaction must be recorded in, Single entry system Barter system Double entry system Islamic system
10 Credit side of iincome and expenditure account records. Expenses and losses Income and gains Assets Liabilities
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