ACCOUNTING MCQs



Profit and loss account is prepared on :

  1. Specific time period of time
  2. Specific time period for capital
  3. income
  4. none

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Deposits are received by which Bank ?

  1. State Bank
  2. Commercial Bank
  3. All
  4. None

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Money in the account of account holder is called :

  1. Deposits
  2. Assets
  3. Income
  4. none

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Ledger is called :

  1. Book of original entry
  2. Book of final entry
  3. Book of compound entry
  4. None

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The most important economic feature in the economic measures pursued by Aladdin Khilji was:

  1. Market control
  2. Market
  3. Both
  4. None

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