Accounting MCQs
Practice free Accounting multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 3354 questions — no login required.
Question 82hard
Cash purchases is recorded in which of the following specialized journals?
Question 83hard
A brief explanation recorded below every entry in General Journal is commonly known as
Question 84hard
Debit note is the basis for recording a transaction in which of the following journals?
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Question 85hard
Credit note is the basis for recording a transaction in which of the following journals?
Question 86easy
Specialized journals are more adequate for which type of businesses?
Question 87hard
Transferring entries from journal to ledger account is commonly known as
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Question 88hard
An 'account' records the ______ in the balance of an item
Question 89hard
_____ will be credited if goods are given as charity
Question 90hard
Which of the following is known as the base for preparing trial balance?