A. $2000
B. Zero
C. $3000
D. $2500
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.
A. Credit balance
B. Debit balance
C. Bank overdraft
D. Adjusted balance
A. Unpresented checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks
A. Outstanding checks
B. Unpresented checks
C. Deposit in transit
D. Omission of Bank charges
A. Adjusted
B. Unadjusted
C. Understated
D. Overstated
A. $500 will be debited
B. $500 will be credited
C. Non-adjustable
D. $1000 will be subtracted
A. Uncollected checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks
A. Unpresented checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks
A. Credited in the cash book
B. Debited in the cash book
C. Entered in the bank statement
D. Entered in the petty cash balance
A. $2000 will be debited in cash book
B. $2000 will be credited in cash book
C. $4000 will be debited in cash book
D. $4000 will be credited in the cash book
