Financial Accounting Basics Online Test

Creditor A

A company bought 250 @ $1 each goods from A and recorded it correctly but the goods worth $5 were found to be faulty.What would be its impact on the T account of Creditor A?

DR

CR

$250


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Description:

This test demonstrates how much the user has gained the knowledge of Financial Accounting which is the major form of accounting.This is a time based test and there are 2 marks and 2 minutes for each question.Its only a test and does not lays down that the pass candidates are having sufficient knowledge and vice versa.

Discussion

Srinu Mudiraj

it's good for new learners

2151 days 17 hours 14 minutes ago

Brijesh Kumar

its very nice this method because something learning knowledge.

2544 days 19 hours 59 minutes ago

Connie

yes ty

2948 days 4 hours 53 minutes ago

Sundar

Good Test

2979 days 15 hours 42 minutes ago

Kazi Haris Hussain
Chartered Certified Accountant
User
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Test: 1

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