101. Which of the following is not a transaction?
102. A promissory note is drawn by ______ in favor of _____
103. ____ principle requires that the same accounting method should be used from one accounting period to the next
104. The left side of an account is known as ___ and the right side as ____
105. The cost of a small calculator is treated as an expense and not shown as an asset in a financial statement of a business entity due to
106. A minimum quantity of stock always held as precaution against out of stock situation is called
107. Discounting of bill by the drawer is done with
108. A bill of exchange when drawn requires
109. A bill of exchange is called a ____ by one who is liable to pay it on the due date
110. ___ days of grace are allowed in case of time bills, for calculating date of maturity
Read More Section(Accounting)
Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- Accounting - Section 3
- 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