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

2310 days 6 hours 28 minutes ago

Brijesh Kumar

its very nice this method because something learning knowledge.

2703 days 9 hours 13 minutes ago

Connie

yes ty

3106 days 18 hours 7 minutes ago

Sundar

Good Test

3138 days 4 hours 56 minutes ago

Kazi Haris Hussain
Chartered Certified Accountant
User
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Test: 1

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