21. Opening and closing inventories are recorded in
22. Which of the following instruments is not a negotiable instrument?
23. The installation expenses for a new machinery will be debited to
24. When obligation is not probable or the amount expected to be paid to settle the liability cannot be measured with sufficient reliability, it is called
25. A Trial Balance contains the balances of
26. Error which affect only one account can be
27. In case goods are manufactured and segregated for specified consumers, the best method for valuation of inventory would be
28. Overriding commission is generally calculated on
29. Economic life of an enterprise Is split into periodic interval as per ____ concept
30. Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation is termed as
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 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