
Introduction to Book Keeping & Accountancy

Quiz
•
Other
•
11th Grade
•
Medium
Athira JR]
Used 35+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a brief explanation of an entry?
Narration
Recording
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which day marks the beginning of financial year ?
1st April
31st March
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Book Keeping means _____________________________
Recording of Financial Transaction
Analyzing the Financial Transaction
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which among the following is not a monetary transaction?
Barter System
Mother buying vegetables from vegetable vendor
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Credit transaction are not recorded in books of accounts.
Agree
Disagree
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Rahul purchased goods from Mr. Rohit on credit. Who is Mr. Rohit for Mr. Rahul?
Debtor
Creditor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Discount shown in books of Accounts
Trade Discount
Cash Discount
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