Accounting MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6

41.
Noting charges are paid at the time of

A. Renewal of the bill

B. Retirement of the bill

C. Dishonor of the bill

D. None of the above

Answer & Solution Discuss in Board Save for Later

42.
Dismantling and demolition charges is a

A. Deferred Revenue expenditure

B. Capital expenditure

C. Revenue expenditure

D. None of the above

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43.
The owner of consignment stock is

A. Consignor

B. Consignee

C. Debtors

D. None of the above

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44.
Which account is the odd one out?

A. Office furniture and equipment

B. Freehold land and building

C. Stock of raw materials

D. Plant and machinery

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45.
X draws a bill on Y. X endorsed the bill to Z. ____ will be the payee of the bill.

A. X

B. Y

C. Z

D. None of the above

Answer & Solution Discuss in Board Save for Later

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Accounting MCQ Questions and Solutions with Explanations | Commerce

41. Noting charges are paid at the time of

Answer & Solution

42. Dismantling and demolition charges is a

Answer & Solution

43. The owner of consignment stock is

Answer & Solution

44. Which account is the odd one out?

Answer & Solution

45. X draws a bill on Y. X endorsed the bill to Z. ____ will be the payee of the bill.

Answer & Solution

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41.
Noting charges are paid at the time of

42.
Dismantling and demolition charges is a

43.
The owner of consignment stock is

44.
Which account is the odd one out?

45.
X draws a bill on Y. X endorsed the bill to Z. ____ will be the payee of the bill.