Accounting Online Quizzes Subject Knowledge

Accounting Quiz 01

Written by Muhammad Arslan

Discount received is a/an:

The person to whom goods are sold on credit is called___________?

A systematic way to maintain the books of accounts is called_________?

The maintenance of accounts in a systematic way is called__________?

Double entry means______________?

Goods Return by the customer are termed as :

Modern system of book keeping is called______________?

An Art of reading, classifying & Summarizing of accounts in a systematic way is called__________?

Obligation of the Business are known as___________?

The amount invested by the proprietor to start the business is called:

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