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Accountancy
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English I
Economics
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Question-1
Spot out the odd one and state reason.
(A)
Interest on loan
(B)
Interest on capital
(C)
Repair charges
(D)
Carriage outwards
Question-2
Those expense which are incurred for bringing the goods at trading place or for manufacturing it are __________.
(A)
Direct Expense
(B)
Indirect expense
(C)
Direct income
(D)
Indirect Income
Question-3
Spot out the odd one and state reason
(A)
Factory rent
(B)
Coal
(C)
Electricity and water
(D)
Freight
Question-4
___________ are interested to known the profitability position as well as the short term and long term financial soundness of the company
(A)
Management
(B)
Government
(C)
Investors
(D)
Tax authorities
Question-5
Trading account covers the position of the whole of the accounting period and not at a particular point of time, hence the word ________ are used.
(A)
As on.....
(B)
For the yer ended
(C)
None of these
(D)
All of these
Question-6
_________ are expenses paid for bringing or loading or unloading the goods.
(A)
Bonus
(B)
Salary
(C)
Wages
(D)
Commission
Question-7
_________ is paid on goods manufactured and consumed in the country.
(A)
Excise duty
(B)
Import duty
(C)
Export duty
(D)
Octroi
Question-8
If the debit side of profit and loss exceed the credit side, the result is ___________.
(A)
Net loss
(B)
Net profit
(C)
Gross loss
(D)
Gross profit
Question-9
Carrying expenses is a ___________ expenses .
(A)
Direct
(B)
Indirect
(C)
None of these
(D)
Both of these
Question-10
Net profit will be _________ for the capital account.
(A)
Credited
(B)
Added
(C)
Both a and b
(D)
None of these
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Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
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