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 109medium
Which of the following account with normal balance is shown at the debit side of a trial balance?
Question 110medium
Which of the following account with normal balance is shown at the credit side of a trial balance?
Question 111medium
The closing balance of petty cash book is considered as
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Question 112medium
Payment of rent expenses is recorded on which side of cash book?
Question 113hard
An entry which is made on both sides of a cash book is called
Question 114hard
A cash book with cash, bank and discount column is commonly referrred to as
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Question 115hard
Cash book records
Question 116hard
Cash discount is allowed on ______ repayment of debt
Question 117hard
Cash book is prepared by