

Accounting MCQs
Accounting MCQs Test Preparation | Latest 2025 Quiz FPSC, NTS, KPPSC, PPSC, SPSC, BPSC, OTS, UTS, PTS, CTS, ATS, ETEA MCQs Test Questions.
Credit balance as per Cash Book mean____________?
A: Surplus cash
B: Bank overdraft
C: Terms deposits with bank
D: None of these
Bank overdraft
Debit side of Bank Pass book corresponds to___________?
A: Credit side of Cash Book
B: Debit side of Cash Book
C: Debit side of Trial Balance
D: Credit side of Balance Sheet
Credit side of Cash Book
Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?
A: Cheque issued but not presented
B: Cheque issued but dishonoured
C: Cheque deposited and credited by bank
D: Both and B.
Both and B.
The periodic total of purchase day book is posted to____________?
A: Purchase register
B: Purchase A/c
C: Cash purchase A/c
D: Credit purchase A/c
Purchase A/c
Capital expenses are shown in___________?
A: Balance Sheet
B: Profit and Loss A/c
C: Trading A/c
D: None of these
Balance Sheet
Revenue receipts are shown in___________?
A: Balance Sheet
B: Profit and Loss appropriation A/c
C: Manufacturing A/c
D: Trading and Profit and Loss A/c
Trading and Profit and Loss A/c
Goodwill A/c is a/an__________?
A: Nominal A/c
B: Tangible Asset
C: Intangible Asset
D: Fictitious Asset
Intangible Asset
Posting is the process of____________?
A: Posting the letters in drop box
B: Posting suitable person to a suitable job
C: Entering in the ledger the information contained in the ledger
D: All the three
Entering in the ledger the information contained in the ledger
A book wherein various accounts are opened is called____________?
A: Subsidiary books
B: Journal
C: Ledger
D: Trial Balance
Ledger
Which of these is not a special purpose journal?
A: Cash journal
B: Purchase journal
C: Debtors journal
D: Sales journal
Debtors journal