A. Credit balance
B. Debit and credit balance
C. Cash balance
D. Debit balance
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. Journal
B. Cash account
C. Ledger account
D. Balance sheet
A. Cash
B. Charity
C. Purchases
D. Sales
A. Cash at bank
B. Bank understatement
C. Bank overdraft
D. Balance overstatement
A. Bank overdraft
B. Cash at bank
C. Bank balance
D. Current Asset
A. Increase
B. Decrease
C. Increase or decrease
D. Appreciation
A. Recording
B. Transferring
C. Posting
D. Entry making
A. Rent expenses account
B. Rent income account
C. insurance expenses account
D. Cash account
A. Machinery account
B. Building account
C. Creditors account
D. Rent expenses account
A. Recording entries in journal
B. Recording entries in Ledger account
C. Recording two aspects of every transaction
D. Recording every transaction in books
