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MCQs: Which of the following statements is incorrect regarding capital account?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following is the normal balance of a rent expense account?
Category: MBA Questions, Published by: teswesm
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MCQs: Revenue and expense accounts are referred as______________?
Category: MBA Questions, Published by: teswesm
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MCQs: The real accounts are accounts of Assets, liabilities and ___________?
Category: MBA Questions, Published by: teswesm
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MCQs: Building account is classified as _________ account?
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MCQs: Office equipments account is classified as _________ account?
Category: MBA Questions, Published by: teswesm
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MCQs: ___________ helps business to classify transactions according to their nature?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following is a real account?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following accounts are closed at the end of an accounting period?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following is the closing balance of a ledger account?
Category: MBA Questions, Published by: teswesm
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MCQs: The Basic accounting equation is___________?
Category: MBA Questions, Published by: teswesm
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MCQs: Find out the value of assets if: Liabilities=$5000 and Capital=$1000
Category: MBA Questions, Published by: teswesm
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MCQs: Calculate the amount of cash if: Total assets=$10,000 Total liabilities=$10,000 Total Capital=$5000
Category: MBA Questions, Published by: teswesm
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MCQs: Capital increases if _________ increases?
Category: MBA Questions, Published by: teswesm
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MCQs: Capital of a business decreases if there is an increase in___________?
Category: MBA Questions, Published by: teswesm
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MCQs: If the total liabilities of a business decrease by $5000 what will be the effect on total asset?
(assuming the amount of capital remain same)
Category: MBA Questions, Published by: teswesm
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MCQs: If the business’s owner withdraws cash for his/her personal use what will be the effect on capital?
Category: MBA Questions, Published by: teswesm
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MCQs: Net income equal to Revenues minus____________?
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MCQs: Collection of account receivable will
Category: MBA Questions, Published by: teswesm
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MCQs: Payment of expenses will ______ the assets
Category: MBA Questions, Published by: teswesm
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