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Accountancy
Business Studies
Computer Science
English I
Economics
English II
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Question-1
Legacies are the amount of ____________ nature
(A)
Recurring
(B)
Non-recurring
(C)
Both of these
(D)
None of these
Question-2
A donation not received for a specific purpose is called as a _____________ donation
(A)
General
(B)
Specific
(C)
None of these
(D)
All of these
Question-3
Which one is the odd one and state reason
(A)
Donation from outsides or members for specific purposes
(B)
Amount received as loan
(C)
Life membership subscription
(D)
Admission fee not capitalized
Question-4
Pick the odd one and state reason
(A)
Locker rent and clock room rent from members
(B)
Receipt from sale of refreshment, dinner coupons and other soul function
(C)
Interest received on fixed deposit
(D)
Life membership subscription
Question-5
Choose the odd one from the following and state reason
(A)
Admission fee to the extent capitalized
(B)
Sale proceeds of fixed assets such as investment, furniture book, equipments etc
(C)
Legacies is the amount given to the organization under a will on the death of the contributors for specific purpose
(D)
Hall rent receive from outsiders
Question-6
Spot out the odd on and state reason
(A)
Annual membership subscription
(B)
Admission fee not capitalized
(C)
Receipts from sale of old news papers and magazines
(D)
Donation from outsiders or members for specific purpose
Question-7
Subscription received in advance on the opening date is
(A)
Added to subscription
(B)
Shown on the liabilities side of opening balance sheet
(C)
Added to subscription and shown on the liability side of opening balance sheet.
(D)
None of these
Question-8
In_______________ account opening and closing balance of cash and bank are not shown in it
(A)
Receipts & payments
(B)
Income and expenditure
(C)
Cash book
(D)
None of these
Question-9
Income and expenditure account is prepared on _____________ principle based on matching concepts
(A)
Materiality
(B)
Accrual
(C)
Both of these
(D)
All of these
Question-10
The profit on sale of fixed asset is credited to_______________account
(A)
Income and expenditure account
(B)
Capital
(C)
Balance sheet
(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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