Tests of Accounts

An asset become  non performing  when it  to generate income for bank:-

The long term assets that have no physical existence but are rights that have value is known as

What is equity?

Maharashtra co operative society act ____________:-

The costing technique  ,which traces   direct costs by multiplying  price rate  for producing  actual outputs  is known as:-

Stock and debur system  is popularly known as:-

Sale proceeds of fixed assets are a

1992 Cricket World Cup held in which stadium:-

What from the following is NOT a capital expense?

Most of the farming transactions are transacted on ________________ basis:-

The computation of loss by fire is very simple  taken when a ________________ assets  is destroyed:-

Depreciation decrease:-

Ordinarily  one can have the following partners in a partnership in Pakistan under the apartnership  Act 1932:-

Which of the following can be considered as the most important phase of accounting cycle and it is the primarily objective of financial accounting?

The excess of current assets over current liabilities is called:

The budget which specifies  an operating and financial plan, usually  for a fiscal  year or  any specific  period of time is classified as:-

Decrease in the value of asset   could be decrease  the value of liability:-

The ratios that refer to the ability of the firm to meet the short term obligations out of its short term resources

Identify the nominal account

Books keeping mainly concern  with  which part of the accounting  process:-

Core banking system ______________system:-

Liabilities are :-

A brief explanation recorded below every entry in general journal is commonly known as__________?

Cash purchases is recorded in which of the following specialized journals?

Office equipment  account is classified as _______________ account:-