Accounting Online Quizzes Subject Knowledge

Accounting Quiz 03

Written by Muhammad Arslan

Debts which are payable in the course of a month are called _____________?

Income earned but not received is called ____________?

A sale of Rs. 50.000 to A was entered as a sale to B. This is an example of____________?

Assets having physical existence are called ___________?

When owner withdraw cash for its private use, it is called ___________?

The assets which come into existence upon the happening of a certain event are called__________?

For the business, capital is ____________?

The assets which have some market value are called ____________?

The unsold goods are ______________?

The systems of accounting are _____________?

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