Accounting Archives

Rectification of errors questions with solutions class 11

October 25, 2022March 17, 2021 by Dr. Sunny

MCQs on rectification of errors [1] When the total of trial balance is not reconciled, the account opened at this juncture is : (a) Trading Account (b) Suspense account (c) Profit & Loss account (d) None of these ANSWER-(b) [2] Which type of error occurs when credit sales is wrongly posted to Purchase Day … Read more

Accounting MCQs with answers PDF | Advanced MCQs

October 25, 2022February 22, 2021 by Dr. Sunny

In this post, we are covering — accounting MCQs with answers. The MCQs are taken from three different topics of Accounting: SUBSIDIARY BOOKS, CASH BOOK, Capital and revenue expenditure and incomes Accounting MCQs with answers Topics Number of MCQs SUBSIDIARY BOOKS 3 CASH BOOK 13 Capital and revenue expenditure and incomes 29 Total MCQs 45 … Read more