E1E2Corporate accounts
Authored by CHANDRASHEKAR A
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30 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
___________ is the art of recording, classifying and summarizing in a significant manner.
Accounting
Financing
Administration
None of the above
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What refers to posting the entries from Journal to the respective ledger accounts
Recording
Classifying
Summarizing
Reporting
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What refers to making entries of all business transactions into the Journal/Subsidiary Book
Recording
Classifying
Summarizing
Reporting
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What refers to preparation of Trial Balance out of all the ledger accouts
Recording
Classifying
Summarizing
Reporting
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Preparation of profit and loss a/c, Balance Sheet referes to
Recording
Classifying
Summarizing
Reporting
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The main object of Book Keeping is
To know gain/loss
To value assets and liabilities
For comparison to similar business
All of the above
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When BSNL started its commercial operation
1 st October, 2000
1st April, 2001
1 January, 2001
None of the above
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