MCQ of Accounting Principles Class 11 with answers of CBSE, ISC and State Boards Accounting Principles are: (a) Made by Government(b) Made by Man(c) Made by Law(d) None of the above Ans – (b) Fundamental Accounting Assumptions as per AS-!…
Assertion Reason MCQs of Chapter 2 – Basic Accounting Terms with answers for CBSE, ISC and State Boards Assertion (A): Fixed assets sold is not part of Sales since they are not goods. Reason (R): Fixed assets are purchased to…
MCQS of Chapter 1 Basic Accounting Terms Class 11 with answers for CBSE, ISC and State Boards. In a business ‘Purchases’ refers to the: (a) Purchase of an article to be used in office(b) Purchase of goods for resale(c) Purchase…
Assertion Reason MCQs of Chapter 1- Introduction to Accounting with answers for CBSE, ISC and State Boards Assertion (A): The main objective of book-keeping is to ascertain the profit or loss and financial position of the business. Reason (R): Book-keeping…
MCQS of Chapter 1 Introduction to Accounting Class 11 with answers for CBSE, ISC and State Boards. MCQs of chatper 1 includes, Meaning, Objectives, Scope and Nature of Accounting with answers Basic function of financial accounting is to: (a) Record…
