Accounting Mcqs

Accounting Mcqs for Preparation of various Test announced by Fpsc, kppsc, Nts, ppsc. accounting mcqs for accountant. These Mcqs are very helpful for the Preparation of various posts of Senior Auditor, Junior Auditor, Accountant and for Cost Accountant.

Principles of Accounting, Accounting Equation, Analyzing & Classifying Transaction, Journal, Ledger, Banking Transactions, Cash book and Bank Reconciliation Statement, Bill of Exchange, Capital & Revenue, Rectification of Errors, Final Accounts, Adjustments.

Accounting Mcqs

Introduction capital by owner of business is recorded on which side of a cash book?

Cash discount is allowed on _______ repayment of debt.

Payment of rent expenses is recorded on which side of cash book?

Drawings by owner of business are generally recorded on which of the following side of a cash book?

A cash book that is used to record the small payments of cash is generally referred as_________?

Postage stamps on hand are considered as_________?

Purchase of office equipment for cash will be recorded on which of the following sides of a cash book?

A simple or one column cash book usually has which of the following main columns?

Cash book with cash and discount column is mostly referred as________?

Which of the following is generally not the party to a check?