Commerce
ACCOUNTING MCQs
Total Questions : 430
Page 1 of 22 pages- Cost and income for managers
- Company's tax liability for a particular year
- Financial conditions of an institutions
- All of the above
- Current liabilities
- Fixed liabilities
- Contingent liabilities
- All of the above
- Current assets
- Fixed assets
- Intangible assets
- Investments
- Transactions
- Sales Returns
- Turnover
- Purchase Returns
- Journal
- Ledger
- Ledger posting
- Voucher
- Same day
- Next day
- Once in a week
- Once in a month
- Dealings with creditors or debtors
- Dealings in commodities
- Gains and losses
- All of the above
- Personal account
- Real account
- Nominal account
- None of the above
- Purchase Journal
- Sales Journal
- Cash Journal
- All of the above
- Posting
- Entry
- Accounting
- None of the above
- Trading account
- Trial Balance
- Profit & Loss statements
- Balance Sheet
- Assets
- Liabilities
- Capital
- All of the above
- Daily
- Weekly
- Monthly
- Annually
- Liquidity ratio
- Leverage ratio
- Activity ratio
- Profitability ratio
- Bills payable
- Outstanding expenses
- Bank Overdraft
- All of the above
- Quick assets/Current liabilities
- Current assets/Current liabilities
- Debt/Equity
- Current assets/Equity
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