

Accounting MCQs
Accounting MCQs Test Preparation | Latest 2025 Quiz FPSC, NTS, KPPSC, PPSC, SPSC, BPSC, OTS, UTS, PTS, CTS, ATS, ETEA MCQs Test Questions.
The periodic total of sales day book is posted to___________?
A: Sales A/c
B: Cash sales A/c
C: Sales return A/c
D: Credit sales A/c
Sales A/c
In a three column cash book_______________does not exist?
A: Cash column
B: Bank column
C: Petty cash column
D: Discount column
Petty cash column
Which of these transactions will not be recorded in cash book?
A: Cash received from debtors
B: Cash paid to creditors
C: Salary remained outstanding
D: Cash deposited with bank
Salary remained outstanding
The closing balance of a petty cash book is a / an___________?
A: Liability
B: Gain
C: Assets
D: Loss
Assets
Which column of a cash book will not have credit balance___________?
A: Bank column
B: Discount column
C: Cash column
D: None
Cash column
Petty cash balance is a/an___________?
A: Assets
B: Expenditure
C: Liability
D: None
Assets
Which of these is a Part of cash in hand?
A: Postage stamps
B: B/R
C: Cheque Deposited with Bank
D: B/R endorsed
Postage stamps
Which of the following is a Real A/c?
A: Salary A/c
B: Bank A/c
C: Building A/c
D: Goodwill A/c
Building A/c
Which of the following is a representative Personal A/c?
A: Outstanding Salary A/c
B: Rent A/c
C: SBI A/c
D: Bad debts A/c
Outstanding Salary A/c
Which of the following is a Nominal A/c ?
A: Outstanding Salary A/c
B: Rent A/c
C: SBI A/c
D: Debtors A/c
Rent A/c