A. Asset
B. Expense
C. Liability
D. Revenue
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. Entry in two sets of books
B. Entry at two ends
C. Entry at two dates
D. Entry for two aspects of the transaction
A. Buyer
B. Seller
C. Debtor
D. Creditor
A. Double entry system
B. American system
C. Single entry system
D. Italic system
A. Purchase return
B. Customer return
C. Sales return
D. Inventory return
A. Accounting
B. Reading
C. Book Keeping
D. Auditing
A. Accounting
B. Accountancy
C. Auditing
D. Book Keeping
A. Accountancy
B. Economics
C. Book Keeping
D. Auditing
A. Balance Sheet
B. Cash Flow Statement
C. Income Statement
D. None of the above
Submitted by: Aqeel Ahmed
A. Lots in , Few out
B. Link input, Format Output
C. Last input, First Output
D. Last in, First Out
Submitted by: Muhammad Danish
