Accounts Basics Online Test

Two primary qualitative characteristics of financial statements are


Which of the following is correct?


Which of the following is correct?


Making Provision for Doubtful Debt is an example of:


Debit means:


Credit means:


Journal is a book of


Ledger is a book of:


The process of recording a transaction in the journal is called:


Capital Account is-


Bills Receivable Account is-


Bills Payable Account


Copyright Account is ___________


Investments in shares of ICICI Bank Account is


Prepaid Salary Account is


Goodwill Account is


A withdrawal of goods from business by the proprietor should be credited to :


Cash receipts are recorded:


Bank column of the cash book may show:


Sale Book is a part of---


A Bank Reconciliation Statement is prepared to know the causes for the difference between:


Credit balance in the cash book means:


Payment received by the account holder through a cheque in entered in---


Llimitations of accounting include-


The basic objective of accounting is-



























Description:

This test covers the accounts basics relating to Journal ledger and trial balance related.This test also covers the questions relating to BRS

Discussion

Nayaz Khan

Very helpful!!

1876 days 15 hours 16 minutes ago

Gshabbir

very nice system.

2638 days 13 hours 43 minutes ago

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