ONLINE EXAM :  +1 ACCOUNTANCY-TEST 4
 ONLINE EXAM FOR +1 COMMERCE STUDENTS- ACCOUNTANCY

INSTRUCTIONS-      
          *    EACH QUESTIONS CARRIES 2 SCORES
          *  AFTER COMPLETION CLICK ON SUBMIT TO VIEW THE SCORES
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   Prepared by :SANDEEP KUMAR N V, HSST COMMERCE,  Katukukke HSS     Kasaragod,Mob:9496357371
STAY HOME STAY SAFE
NAME OF STUDENT *
NAME OF SCHOOL *
DISRICT *
1.The asset bought for long term use in the business are termed as ...............asset *
2 points
2.Analysis of recorded data to bring entries of similar nature to one place is called ............. *
2 points
3.Excess of assets over liability is........................ *
2 points
4.Accounting provides information on.............. *
2 points
5.Payment of monthly rent to landlord is ................. *
2 points
6.The ......................... Principle requires that same accounting methods should be used from one accounting period to the next. *
2 points
7.RL Ltd purchased pen and paper weight and included these items under head stationery.Identify the relevant accounting principle *
2 points
8.Which concept states that a business concern will not be sold or liquidated in near future *
2 points
9.Which of the following tax is not subsumed in GST *
2 points
10.Goods purchased on cash, is recorded in the ............... *
2 points
11.Credit balance shown by a bank column in cash book is ............. *
2 points
12.Asset account will usually shows a .....................balance *
2 points
13.Cash withdrawn by the Proprietor should be credited to........ *
2 points
14.Find the odd one *
2 points
15.Customer’s copy of the account provided by the bank to the depositor to record deposits and withdrawals is called..... *
2 points
16.When bank statement shows a debit balance, it means........... *
2 points
17.Debit balance in the Pass Book means *
2 points
18.If a transaction is not recorded in the books, it is an error of ............ *
2 points
19.A trial balance is prepared *
2 points
20.Depreciation arises due to........... *
2 points
21.The process of transferring a bill by the holder to another party is............... *
2 points
22.If a maturity date of a bill falls on a holiday what will be the exact maturity date? *
2 points
23.While calculating the due date of the bill, how many days are added to the period of the bill *
2 points
24.In which of the following items, shall commission Paid by a business in advance during the year be included? *
2 points
25.Find the odd one *
2 points
26.Tally is a ..........software *
2 points
27.Anything in the real world with independent existence is called ...... *
2 points
28.The data type used for storing comments , notes and descriptions *
2 points
29.Avoiding duplication of information is achieved by breaking up of information into separate but related tables. This process is called..... *
2 points
30............ is the file name extension of LibreOffice Base file *
2 points
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