MCQs4All - Accounting MCQs for NTS, FPSC, CSS, IELTS, TOEFL

  1. Straight-line method
  2. Written down value method
  3. Units-of-production method
  4. Sum-of-the years‘-digits method
  1. selling Expense
  2. Direct labor
  3. factory overhead
  4. selling Expenses & administrative expenses
  1. Unknown Liabilities
  2. Known Liabilities
  3. Creation of Secret Reserves
  4. All the Three
  1. Expenses for day to day running of the business
  2. Putting the new asset in working condition
  3. Depreciation
  4. Purchase of raw material
  1. Asset side
  2. Liability side
  3. Netted from Capital
  4. Profit & Loss A/c

  1. Balance Sheet
  2. Profit and Loss appropriation A/c
  3. Manufacturing A/c
  4. Trading and Profit and Loss A/c
  1. Expenses
  2. Drawings
  3. Interest on capital
  4. Revenue
  1. Cash receipts journal
  2. Cash payments journal
  3. Sales journal
  4. Purchase journal
  1. Dressing Balance Sheet
  2. Marshalling Balance Sheet
  3. Formatting Balance Sheet
  4. Make up of Balance Sheet
  1. Results of operations for a particular period
  2. Financial position during a particular period
  3. Profit earning capacity for a particular period
  4. Financial position as on a particular date