(A) Subsidiary books
(B) Journal
(C) Ledger
(D) Trial Balance
Category: Accounting Mcqs
Users will find here Accounting Mcqs for NTS, CSS, PMS, PPSC, FPSC, KPPSC, AJKPSC, BPSC, PTS, SPSC, Lecturer Commerce and all other types of Commerce related, Competitive Exams and Interviews. Commerce students can prepare their Accounting Portion for all test from here.
Posting is the process of __.
(A) Posting the letters in drop box
(B) Posting suitable person to a suitable job
(C) Entering in the ledger the information contained in the ledger
(D) All the three
Goodwill A/c is a/an __.
(A) Nominal A/c
(B) Tangible Asset
(C) Intangible Asset
(D) Fictitious Asset
Which of the following is a Nominal A/c?
(A) Outstanding Salary A/c
(B) Rent A/c
(C) SBI A/c
(D) Debtors A/c
Which of the following is a representative Personal A/c?
(A) Outstanding Salary A/c
(B) Rent A/c
(C) SBI A/c
(D) Bad debts A/c
Which of the following is a Personal A/c?
(A) Outstanding Salary A/c
(B) Rent A/c
(C) SBI A/c
(D) Bad debts A/c
Which of these is a Part of cash in hand?
(A) Postage stamps
(B) B/R
(C) Cheque Deposited with Bank
(D) B/R endorsed
Petty cash balance is a/an __.
(A) Assets
(B) Expenditure
(C) Liability
(D) None