Accounting Quiz 01

Goods Return by the customer are termed as :

Correct! Wrong!

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

Correct! Wrong!

Modern system of book keeping is called______________?

Correct! Wrong!

Double entry means______________?

Correct! Wrong!

Discount received is a/an:

Correct! Wrong!

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

Correct! Wrong!

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

Correct! Wrong!

Obligation of the Business are known as___________?

Correct! Wrong!

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

Correct! Wrong!

The maintenance of accounts in a systematic way is called__________?

Correct! Wrong!

Accounting Quiz 01
Well Done !

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You Could Do Better !!!

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Oh Shoot ! Try Again Maybe ?

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Muhammad Arslan

About the Author:

Muhammad Arslan is a skilled Software Engineer and a passionate educationist with a Master's degree in Engineering. While his professional life is dedicated to developing software solutions, his true passion lies in empowering the next generation of students.

He dedicates his free time to coaching and mentoring students, providing them with the guidance and resources they need to excel in their academic pursuits. Through his work, he aims to help students secure spots in their desired colleges and universities, bridging the gap between their potential and achievement. His unique blend of technical expertise and educational passion allows him to create innovative and effective learning materials, making complex concepts easy to understand.