MCQS on Cashbook|JKSSB| ACCOUNTANCY,CLASS 11TH ,FAA

MCQS on Cashbook|JKSSB| ACCOUNTANCY,CLASS 11TH ,FAA

Accounting Cashbook Quiz Mcqs on Cashbook 1. Which of the following is not a type of cashbook? a) Single column cashbook b) Double column cashbook c) Triple column cashbook d) Octuple column cashbook Correct Answer: d) Octuple column cashbook Accounting recognizes Single, Double, Triple, and Petty cashbooks. “Octuple” (8 columns) is not a standard type. … Read more

Mcqs on Accounting Equation |JKSSB|| FAA|

Accounting Equation Mcqs |JKSSB|| FAA|

 MCQS ON ACCOUNTING EQUATION 1. The accounting equation is: a) Assets = Liabilities + Owner’s Equity b) Assets + Liabilities = Owner’s Equity c) Liabilities + Owner’s Equity = Assets d) Liabilities = Assets + Owner’s Equity Show Answer Explanation The correct answer is a) Assets = Liabilities + Owner’s Equity. 2. Which of the … Read more