Test: Accounts From Incomplete Records - 1


10 Questions MCQ Test Crash Course of Accountancy - Class 11 | Test: Accounts From Incomplete Records - 1


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Attempt Test: Accounts From Incomplete Records - 1 | 10 questions in 10 minutes | Mock test for Commerce preparation | Free important questions MCQ to study Crash Course of Accountancy - Class 11 for Commerce Exam | Download free PDF with solutions
QUESTION: 1

If capital in the beginning is more than at the end then it will be

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QUESTION: 2

Which method is used under single entry system to find out the profit or loss?

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QUESTION: 3

In single entry system, it is not possible to prepare:

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QUESTION: 4

Which of the following transactions are false regarding Accounting from Incomplete records system

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QUESTION: 5

Books according to Incomplete records system can be maintained only by those small entities in the form of

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QUESTION: 6

Following are the Limitations of Incomplete Records except

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QUESTION: 7

How DOUBLE ENTRY SYSTEM is differ from INCOMPLETE RECORDS

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QUESTION: 8

How statement of affairs is differ from balance sheet

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QUESTION: 9

When Statement of affairs is prepared _______ is not prepared.

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QUESTION: 10

When only closing and opening capital is given and closing capital is greater than opening capital it denotes

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