Test on CPT Accounts

Rent paid to partner is


Fixed Capital is Credited with


Fundamental Accounting assumptions are


Small expenses are clubbed togather under Sundry or Miscellaneous Expenses due to


The basic concepts related to balance sheet are


The basic concepts related to Profit & loss account are


Disclosure of Accounting Policies


Accounting standards make the financial statements of different business units or the financial statements of the same business unit


Gross book value of a fixed asset is its


Which of the following bodies is represented in ASB ?


Which does not from part of divisible Profits ?


Maximum Interest rate applicable for calls in arrears is


Following account has Credit balance


Cheque received from debtor not deposited into bank will be entered in


Bad Debts received is credited to

















Description:

Test understanding on CPT Accounts and will help to improve your skills while attempting question at the main exams. This is just a model paper fpr CA-CPT Students who will be appearing for their CA-CPT exams. This test is based on all the topics of accounts for CA-Cpt and consist of 20 MCQ's.

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