Section 1
Section 2
Section 3
Section 4
Section 5
Section 6
Section 7
Section 8
Section 9
Section 10
Section 11
Section 12
Section 13
Section 14
Section 15
Section 16
Section 17
Section 18
Section 19
Section 20
Section 21
Section 22
Section 23
Section 24
Section 25
Section 26
Section 27
Section 28
Section 29
Section 30
1. Which of the following is not a transaction?
2. A promissory note is drawn by ______ in favor of _____
3. ____ principle requires that the same accounting method should be used from one accounting period to the next
4. The left side of an account is known as ___ and the right side as ____
5. 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
6. A minimum quantity of stock always held as precaution against out of stock situation is called
7. Discounting of bill by the drawer is done with
8. A bill of exchange when drawn requires
9. A bill of exchange is called a ____ by one who is liable to pay it on the due date
10. ___ 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 4
- 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
- Accounting - Section 26
- Accounting - Section 27
- Accounting - Section 28
- Accounting - Section 29
- Accounting - Section 30