- (A) 500 purchase of old equipment not recorded in the books of A/c at all
- (B) 500 being expense on travelling expense credited to travelling expenses
- (C) Both
- (D) None
Exam preparation MCQs with answers
Practice Pakistan's most useful MCQs for competitive exams
Prepare for NTS, PPSC, FPSC and subject-wise tests with fresh multiple choice questions, clear options and quick answer reveal.
Latest MCQs
- (A) 5,000 received from Sham credited to Ram A/c
- (B) 5,000 incurred on installation of new plant debited to travelling expenses A/c
- (C) 500 paid for wages debited to salary A/c
- (D) 500 being purchase of raw material debited to purchase A/c ` 50
- (A) Balance Sheet
- (B) Profit and Loss A/c
- (C) Trading A/c
- (D) None of these
- (A) Purchase register
- (B) Purchase A/c
- (C) Cash purchase A/c
- (D) Credit purchase A/c
- (A) Sales A/c
- (B) Cash sales A/c
- (C) Sales return A/c
- (D) Credit sales A/c
- (A) Cash journal
- (B) Purchase journal
- (C) Debtors journal
- (D) Sales journal
- (A) Subsidiary books
- (B) Journal
- (C) Ledger
- (D) Trial Balance
- (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
- (A) Nominal A/c
- (B) Tangible Asset
- (C) Intangible Asset
- (D) Fictitious Asset
- (A) Outstanding Salary A/c
- (B) Rent A/c
- (C) SBI A/c
- (D) Debtors A/c
Submit Your Mcqs
Management Sciences
Engineering Subjects
Medical Subjects
LIKE US ON
