Top 1000+ Solved Financial Accounting MCQ Questions Answer

a. Postage stamps ;

b. B/R ;

c. Cheque Deposited with Bank ;

d. B/R endorsed

a. Salary A/c ;

b. Bank A/c ;

c. Building A/c ;

d. Goodwill A/c

a. Outstanding Salary A/c ;

b. Rent A/c ;

c. SBI A/c ;

d. Bad debts A/c

a. Outstanding Salary A/c ;

b. Rent A/c ;

c. SBI A/c ;

d. Bad debts A/c

a. Outstanding Salary A/c ;

b. Rent A/c ;

c. SBI A/c ;

d. Debtors A/c

a. Nominal A/c ;

b. Tangible Asset ;

c. Intangible Asset ;

d. Fictitious Asset

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. Subsidiary books ;

b. Journal ;

c. Ledger ;

d. Trial Balance

a. Cash journal ;

b. Purchase journal ;

c. Debtors journal ;

d. Sales journal

a. Sales A/c ;

b. Cash sales A/c ;

c. Sales return A/c ;

d. Credit sales A/c

a. Purchase register ;

b. Purchase A/c ;

c. Cash purchase A/c ;

d. Credit purchase A/c

a. Balance Sheet ;

b. Profit and Loss A/c ;

c. Trading A/c ;

d. None of these

a. Balance Sheet ;

b. Profit and Loss appropriation A/c ;

c. Manufacturing A/c;

d. Trading and Profit and Loss A/c

a. sale is effected ;

b. cash is received ;

c. production is completed ;

d. debts are collected

a. Raw material consumed ;

b. Plant purchased ;

c. Long term loan raised from bank;

d. Share Capital