Tests of Accounts

Managing committee of every society  shall prepare  annual  statement of accounts  within days;-

Deferred taxation amount be treated as;-

In which of the following   orders  data is entered in journal:-

The product range is widest in case of–

_______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use?

Revenue is generally recognized as being earned at that point of time when?

The amount paid by  insured to insurer as a consideration is known as premium:-

The main source(s) of Generally Accepted Accounting Principles (GAAP) is/are:

Trial balance can be prepared in:-

Leukemia is a disease of:-

Prepaid Insurance A/cis ___ A/c

If an accounting measurement  ,income and  investment is divided to calculate:-

The normal balance  of asset  account is :-

The accounting process of allocation cost of intangible assets is called

Verification includes:-

Payment of expenses will ______ the assets

Rebate of bills discounted is an income received in advanced which is carried forward as other liability:-

At the balance sheet  date,  the balance on the accumulated provision  for depreciation account if   simply deducted  from an asset  in the balance sheet:-

The important objective of accounting  standards is to the ______________ diverse accounting policies at present in use in India:-

Which of the following is the normal balance of a rent expense account?

The largest Glacier of Pakistan is:-

Sales invoices are  first entered in:-

Which of these documents is not required for Bank Reconciliation?

Transaction  involving  receipt in ____________ are  recorded on receipt side of cash book:-

If credit side of a bank account is greater than the debit side, it indicates which of the following?