AccountS Online Test

Which of the following is not a sub field of accounting?
Book-keeping
Financial accounting
Cost accounting
Management accounting
On March 1,Sohan paid rent Rs. 5,000.This can be classified as
Neither a transaction nor a event
A transaction as well as an event
A transaction
An event
Journal and ledger record transaction in
an analytical order only
a chronological order only
an analytical order and chronological order respectively.
a chronological order and analytical order respectively.
The sales book is a part of
Balance sheet
Ledger
Journal
The number of production or similar units expected to be obtained from the use of an asset by an enterprise is called
Expected life
Production life
Useful life
Unit life
All of the following are valuation principles except
Realisable value
Present value
Future value
Historical cost
The rent paid to landlord is credited to
None of the above
Cash account
Rent account
Landlord's account


































Description:

Basics of Accounts

Tags:

A/C

Discussion

saajidh

got all correct...hehe :D

1522 days 16 hours 51 minutes ago

Mohammed Ahmed

Thanks Its great

1700 days 18 hours 16 minutes ago

Vinia

great one, thanks

1763 days 16 hours 7 minutes ago

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