Commerce Exam > Commerce Tests > Accountancy Class 11 > Test: Introduction To Accounting - 2 - Commerce MCQ
Test: Introduction To Accounting - 2 - Commerce MCQ
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10 Questions MCQ Test Accountancy Class 11 - Test: Introduction To Accounting - 2
Test: Introduction To Accounting - 2 for Commerce 2024 is part of Accountancy Class 11 preparation. The Test: Introduction To Accounting - 2 questions and answers have been
prepared according to the Commerce exam syllabus.The Test: Introduction To Accounting - 2 MCQs are made for Commerce 2024 Exam. Find important
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Test: Introduction To Accounting - 2 - 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?
Detailed Solution for Test: Introduction To Accounting - 2 - Question 1
Test: Introduction To Accounting - 2 - Question 2
Devaluation of currency will be more beneficial if prices of
Detailed Solution for Test: Introduction To Accounting - 2 - Question 2
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Test: Introduction To Accounting - 2 - Question 4
The person from whom goods are purchased on credit is known as ____
Test: Introduction To Accounting - 2 - Question 5
Goods/Assets or Cash used for personal use by a businessman is called______
Test: Introduction To Accounting - 2 - Question 6
Accounting is helpful in replacing the ______
Test: Introduction To Accounting - 2 - Question 8
The main purpose of balance sheet is to show ______
Test: Introduction To Accounting - 2 - Question 9
Which of the following does not represents a business transactions?
Test: Introduction To Accounting - 2 - Question 10
Which is the most important characteristic that all assets of a business have?
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