51. Stock of a Trading concern consists of
52. Expenditure incurred annually on renewal of patent is a
53. Which of the following account will be credited when the goods are purchased on cash?
54. Which of the following account will be credited when the goods are purchased on credit from Mr. Ali?
55. An informal accounting statement that lists the ledger account balances at a point of time and compares the total of debit balances with the total of credit balances is known as
56. Documentary evidence, in a specific format used to record the details of a transaction is known as
57. Cost incurred for the maintenance of shop is considered as
58. Double entry accounting system includes
59. Which of the following financial statements show the financial health of an organisation at a stated point of time?
60. The estimated value at which an asset is expected to be sold after the end of its useful life is called
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Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- 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