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

  1. General journal
  2. Cash journal
  3. Purchase journal
  4. Sales return day book
  1. Reporting the financial information
  2. Examination of financial statements
  3. Preparation financial statements
  4. maintaining the ledger records
  1. Current assets and current liabilities
  2. Profit and loss A/C and Balance sheet
  3. Current assets and non-current liabilities
  4. Current liabilities and non-current liabilities
  1. Trial balance
  2. Cash book
  3. Bank A/c
  4. Cash as per cash book with bank balance as per bank pass book
  1. Direct cost
  2. Cost Sheet
  3. Budget
  4. Marginal Costing.
  1. Purchases
  2. Prompt payment
  3. Sales
  4. Sales return

  1. Variable cost
  2. Unit cost
  3. Total cost
  4. Fixed cost
  1. Accountancy
  2. Economics
  3. Book Keeping
  4. Auditing
  1. Error of omission
  2. Error of commission
  3. Compensating error
  4. Error of principle
  1. Cash
  2. Bank statement
  3. Transaction
  4. Exchange of money
  1. Current Assets
  2. Fixed Assets
  3. Current Assets& current liabilities
  4. All of the above
  1. To rectify the mistakes in the Cash Book
  2. To arrive at the Bank Balance
  3. To arrive at the Cash Balance
  4. To bring out the reasons for the difference between the Balance as per Cash Book and the Balance as per Bank Statement