📒Accounting MCQs
Accounting MCQs
397 MCQs201
Which of the following is a Real A/c?
ASalary A/c
BBank A/c
CBuilding A/c
DGoodwill A/c
202
Which of these is a Part of cash in hand?
APostage stamps
BB/R
CCheque Deposited with Bank
DB/R endorsed
203
Petty cash balance is a/an___________?
AAssets
BExpenditure
CLiability
DNone
204
The creation of provision for doubtful debts given as an adjustment requires____________?
ADebit Profit and Loss Account and deduct the provision from debtors
BCredit Profit & Loss Account and deduct the provision from debtors
CCredit Profit and Loss Account and add the provision to debtors
205
Debit side of Bank Pass book corresponds to___________?
ACredit side of Cash Book
BDebit side of Cash Book
CDebit side of Trial Balance
DCredit side of Balance Sheet
206
Credit balance as per Cash Book mean____________?
ASurplus cash
BBank overdraft
CTerms deposits with bank
DNone of these
207
Which of these items are taken into consideration for preparation of adjusted Cash Book
AMistake in Cash Book
BMistake in Pass Book
CCheque issued but not presented for payment
DCheques deposited but not cleared
208
Which of these documents is not required for Bank Reconciliation?
ABank column of Cash Book
BBank Pass Book
CBank Statement
DTrial Balance
209
Generally the term fund is used to mean the difference between?
ACurrent assets and current liabilities
BProfit and loss A/C and Balance sheet
CCurrent assets and non-current liabilities
DCurrent liabilities and non-current liabilities
210
Cash received from debtors would be deemed as___________of funds.
ANo flow
BSources
CUses
DGain