Financial Accounting

Accounting Job Test Questions Questions Part 2 Following are the important questions that are usually asked in a job test for accounting and finance posts jobs. Hopefully, this will be very helpful for you in the preparation for your job tests and interviews. G Ads: G Ads: Might be you …

Accounting Job Test Questions Questions Part 2 Following are the important questions that are usually asked in a job test for accounting and finance posts jobs. Hopefully, this will be very helpful for you in the preparation for your job tests and interviews. G Ads: G Ads: Might be you …

Accounting Job Interview Questions Following are the important questions that are usually asked in an interview for accounting and finance-related jobs. G Ads: G Ads: Might be you like the following:        

Bank Reconciliation Statement – MCQs with Answers Bank Reconciliation Statement is a very helpful tool for businesses to keep a check on their financial transactions with banks.  we simply define it as ” A summary of banking and business activity that reconciles an entity’s bank account with its financial records. …

Company Accounts Multiple Choice Questions MCQs for competitive and Accountant Jobs G Ads: 1. The capital of a company is divided into units which are called: A) Debenture B) Share C) Stock (D) Bond [efaccordion id=”01″] [efitems title=”Answer ” text=”Share“]  [/efaccordion] 2. A Forfeited Share can:     A) Not be re-issued at …

Bank Reconciliation Statement – MCQs with Answers Bank Reconciliation Statement is very helpful tool for businesses to keep a check on their finacial transactions with banks.  we simply define it as ” A summary of banking and business activity that reconciles an entity’s bank account with its financial records. The …

CASH BOOK MCQs with Answers SHORT QUESTIONS  (1) WHAT IS CASH BOOK?                         In this book all cash receipts and payments are recorded in a business is called cash Account or Cash Book. (2) WHAT YOU MEAN BY PURCHASE BOOK?                         In a huge business, a separate book is maintained …

NON TRADING CONCERNS MCQs with ANSWERS 1. The institutions, which deal in activities other than trade are called: (A) Trading concerns (B) Non-trading concerns (C) Manufacturing concerns (D) None of them [efaccordion id=”01″] [efitems title=”Answer ” text=”Option B“]  [/efaccordion] 2. The record of cash kept by the non-trading concerns is shown …

FOLLOWING ARE MCQs RELATED TO SINGLE ENTRY SYSTEM | Accounts from Incomplete Records with Answers 1)  In double entry system: (A)  Only one aspect of a transaction is recorded (B) Both aspect of a transaction is recorded (C) No aspect of a transaction is recorded (D)  None of these [efaccordion id=”01″] [efitems title=”Answer …