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
81. . . . . . . . . profit means profit which would otherwise be available for distribution of dividend.
82. Which of the following accounts is increased by debit entries?
83. Sales A/c Dr To Trading A/c Is an example of . . . . . . . .
84. Bills Payable book is to keep a record of . . . . . . . .
85. Which of the following does not represent application of fund of a company?
86. The basic function of financial accounting is to:
87. Assets in the beginning of the year Rs. 10,000, Assets at the end of the year Rs. 18,000, Drawing during the year Rs. 2,000. Therefore the profit is:
88. Conversion of physical shares into electronic securities is called . . . . . . . .
89. Company accounting conforms more to dual aspect concept than to incomplete recording system because:
I. Companies Act insists upon the adoption of double entry systems of book keeping
II. Balance sheet could not be preprared under sec. 211 of Company's Act according to the incomplete recording system
III. To show true and fair view of the affairs of the company
IV. To ensure adequate disclosure
Select the correct answer from the options given below and mark your answer sheet accordingly.
I. Companies Act insists upon the adoption of double entry systems of book keeping
II. Balance sheet could not be preprared under sec. 211 of Company's Act according to the incomplete recording system
III. To show true and fair view of the affairs of the company
IV. To ensure adequate disclosure
Select the correct answer from the options given below and mark your answer sheet accordingly.
90. The prime function of accounting is to:
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