HomeMCQsPrinciples of Accounting

Principles of Accounting

Accounting Mcqs

When goods, in which business deals are sold, it is called___________?

Prepistan - December 28, 2018

Accounting Mcqs

Modern system of book keeping is called______________?

Prepistan - December 22, 2018

Accounting Mcqs

The person to whom goods are sold on credit is called___________?

Prepistan - December 22, 2018

Accounting Mcqs

Double entry means______________?

Prepistan - September 29, 2018

Accounting Mcqs

Cash brought by the owner to start business is called__________?

Prepistan - September 27, 2018

Accounting Mcqs

Sales return is also known as____________?

Prepistan - September 24, 2018 0

Accounting Mcqs

Goods Return by the customer are termed as :

Prepistan - September 24, 2018 0

Accounting Mcqs

reduction in price is called:

Prepistan - September 24, 2018 0

Accounting Mcqs

Debts which are payable in the course of a month are called _____________?

Prepistan - September 24, 2018 0

Accounting Mcqs

Income earned but not received is called ____________?

Prepistan - September 24, 2018 0

Accounting Mcqs

The assets which come into existence upon the happening of a certain event are called__________?

Prepistan - September 24, 2018 0

Accounting Mcqs

Goods return to customer are known as:

Prepistan - September 20, 2018 0

Accounting Mcqs

The unsold goods are ______________?

Prepistan - September 20, 2018 0

Accounting Mcqs

The excess of current assets over current liabilities is called:

Prepistan - September 20, 2018 0

Accounting Mcqs

The systems of accounting are _____________?

Prepistan - September 20, 2018 0

Accounting Mcqs

A systematic way to maintain the books of accounts is called_________?

Prepistan - September 20, 2018 0

Accounting Mcqs

An Art of reading, classifying & Summarizing of accounts in a systematic way is called__________?

Prepistan - September 20, 2018 0

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