Introduction to Book Keeping & Accountancy

Introduction to Book Keeping & Accountancy

11th Grade

14 Qs

quiz-placeholder

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Introduction to Book Keeping & Accountancy

Introduction to Book Keeping & Accountancy

Assessment

Quiz

Other

11th Grade

Medium

Created by

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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