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
11. . . . . . . . . is a document which either creates or acknowledges a debt.
12. Which of the following is a statutory reserve?
13. A cricket club has 50 members and each member pays Rs. 200 as monthly subscription 5 members paid advance subscription for the financial year 1994-95 and 10 members failed to pay subscription for the year 1993-94. The amount to be credited as subscription to income and expenditure account would be:
14. Sales to Mr. Gill recorded in purchase journal would affect . . . . . . . .
15. When A advances money to B in the course of joint venture then A debits such money to . . . . . . . .
16. Salary account is of the nature of a:
17. Expenses incurred on research and development is an example of:
18. Subscriptions received in advance will figure in the . . . . . . . .
19. Match List-I with List-II and select the correct answer using the options given below the lists:
List-I
List-II
a. Uncertain liability
1. Amortisation
b. Expiry of tangible asset
2. Long-term liability
c. Basis for all valuations in the balance sheet
3. Research and development
d. Accounting standard-As-8
4. Estimated obligation
5. Conservatism convention
| List-I | List-II |
| a. Uncertain liability | 1. Amortisation |
| b. Expiry of tangible asset | 2. Long-term liability |
| c. Basis for all valuations in the balance sheet | 3. Research and development |
| d. Accounting standard-As-8 | 4. Estimated obligation |
| 5. Conservatism convention |
20. Which of the following represents source of fund in the balance sheet of a company?
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 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
- Accounting - Section 26
- Accounting - Section 28
- Accounting - Section 29
- Accounting - Section 30