Accounting MCQs on Bank Reconciliation Statement, Errors

Accounting MCQs: In this blog post, we are providing MCQs on Bank Reconciliation Statement, Errors and their Rectification. MCQs on Bank Reconciliation Statement 1. In case of an overdraft, the cash book has a ________ balance.  Credit  Debit  Both a. & b.  None of the above 2. The copy of customer account with a bank … Read more

Introduction to Accounting basic MCQs class 11th, 12th

Introduction to Accounting MCQs: In this blog post, we have written important multiple choice questions on basic accounting. These basics MCQs are useful for classes 11th, 12th, and other competitive exams. Introduction to Accounting basic MCQs  1. Which is not a business transaction out of the following:  Purchased goods for cash Rs.10,000  Sold goods for … Read more

Accounting for business transaction MCQs with answers

Accounting MCQs: In this blog post, we have written Accounting for business transaction MCQs and Journal MCQs. Answers are provided for all the MCQs. The MCQs on “Accounting for the business transaction” and “Journal entries” are important for all commerce students. Accounting for business transaction MCQs 1. ——————— accounting system is the combination of both … Read more