Corporate Accounting Quiz

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

Developed by Mrs S A Sangrulkar

Name of the student *

Roll number of the student *

Class and Division *

Profit Prior to Incorporation is the Profit earned *

2 points

Between the date of incorporation and date of commencement of business

between the date of purchase business and date of incorporation

between the date of purchase and date of commencement of business

None of above

profit prior to incorporation belongs to ------ *

2 points

the company

the vendor

both

none

profit prior to incorporation should be credited to ------ *

2 points

Goodwill Account

Revenue reserve account

Capital Reserve account

None

Loss prior to incorporation is debited to------ *

2 points

Revenue reserve account

Goodwill account

Capital Reserve account

None

Gross Profit is to be apportioned between pre and post incorporation period is-------- *

2 points

Time ratio

sales ratio

Pre ratio

post ratio

Submit

Clear form

Never submit passwords through Google Forms.

This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy