51. Which of the following accounts can be classified as a real account?
52. Capital increases if ______ increases
53. Capital of a business decreases if there is an increase in
54. Net income equal to Revenues minus
55. Payment of expenses will ______ the assets
56. Which of the following accounting equation is correct?
57. Fresh capital introduction will increase
58. Current Assets - Current Liabilities = ?
59. The process of recording in Journal is done
60. General Journal is a book of _____ entries
Read More Section(Accounting)
Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
- Accounting - Section 8
- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 11
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- Accounting - Section 16
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 19
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25