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Question-1
Capital accounts are not prepared under--------------- system
(A)
Single entry
(B)
Double entry
(C)
None of these
(D)
Both of these
Question-2
Find the odd one and state reason
(A)
Credit purchase
(B)
Endorsement of bill
(C)
Returns inwards
(D)
Return to suppliers
Question-3
Find the odd one and state the reason
(A)
Credit sale
(B)
Discount allowed
(C)
Sales returns
(D)
Return outwards
Question-4
---------------- is prepared on the basis of those which are not based on double aspects
(A)
Balance sheet
(B)
Statement of affairs
(C)
Trail balance
(D)
None of these
Question-5
____________ cannot keep its books under single entry system
(A)
Sole proprietor
(B)
Partnership firm
(C)
Joint stock companies
(D)
All of these
Question-6
Cash received from debtors can be taken from_________ account
(A)
Total debtors account
(B)
Cash book
(C)
Statement of affairs
(D)
Both a and b
Question-7
Opening capital is ascertained by preparing
(A)
Total debtors account
(B)
Total creditors account
(C)
Cash account
(D)
Opening statement of affairs
Question-8
In the case of incomplete records a ------------ picture of all transaction will be available
(A)
Full
(B)
Complete
(C)
Partial
(D)
None of these
Question-9
____________system of accounting is inexpensive as compared to double entry system
(A)
Single entry
(B)
Cost accounting
(C)
Management accounting
(D)
Computerized accounting
Question-10
Analysis of accounting is not possible through ______________ system of accounting
(A)
Single entry
(B)
Double entry
(C)
Cost accounting
(D)
Management
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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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