A. Journal entry
B. Multi entry
C. Additional entry
D. Compound entry
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. Ledger
B. T account
C. Day book
D. Cash book
A. Account payable
B. Account receivable
C. Cash account
D. Discount account
A. One
B. Two
C. Three
D. Infinite
A. Posting
B. Entry making
C. Adjusting
D. Journalizing
A. First
B. Original
C. Secondary
D. Generic
A. Two times a year
B. once a year
C. Frequently during the accounting period
D. At the end of a accounting period
A. Cash
B. Equity
C. Net income
D. Net expenses
A. Capital
B. Absorbed capital
C. Net assets
D. Net working capital
A. Decrease net income
B. Decrease liabilities
C. Increase net income
D. Increase liabilities
