71. Which one of the following is INCORRECT about closing stock?
72. What is the next step to Journalizing in accounting cycle?
73. Outsider's claim against the assets of the business is called
74. An expenditure whose benefit is finished or enjoyed immediately is called
75. A company's merchandise, raw materials, finished and unfinished products which have not yet been sold is known as
76. What is nature of Capital account?
77. The assets which have a limited useful life are termed as
78. A decrease in value of a fixed asset due to age, wear and tear is known as
79. In balance sheet, fixed assets are shown at
80. The accrual basis of accounting records revenues when they are
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Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- 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