Test: Introduction To Accounting - 2


10 Questions MCQ Test Accountancy Class 11 | Test: Introduction To Accounting - 2


Description
This mock test of Test: Introduction To Accounting - 2 for Commerce helps you for every Commerce entrance exam. This contains 10 Multiple Choice Questions for Commerce Test: Introduction To Accounting - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Introduction To Accounting - 2 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Introduction To Accounting - 2 exercise for a better result in the exam. You can find other Test: Introduction To Accounting - 2 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

This a MCQ (Multiple Choice Question) based practice test of Chapter 1 - Introduction to Accounting of Accountancy of Class XI (11) for the quick revision/preparation of School Board examinations

Q  What type of transactions we record in the books of accounts?

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QUESTION: 2

Which is the most important characteristic that all assets of a business have?

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QUESTION: 3

Where _____ ends _____ begins

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QUESTION: 4

The person from whom goods are purchased on credit is known as ____

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QUESTION: 5

Goods/Assets or Cash used for personal use by a businessman is called______

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QUESTION: 6

Accounting is helpful in replacing the ______

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QUESTION: 7

Sales is also known as ________

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QUESTION: 8

The main purpose of balance sheet is to show ______

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QUESTION: 9

Which of the following does not represents a business transactions?

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QUESTION: 10

Which is the most important characteristic that all assets of a business have?

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