Lecturer Commerce Solved Past Paper MCQs Online Test No. 34

Online Free Taleem is free online MCQ’s test related to Lecturer Commerce. All the individuals who are going to appear in PPSC, FPSC, KKPSC, SPSC, BPSC, AJ&KPSC, NTS, Lecturer Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests of Lecturer of Commerce include all the important questions and Past Paper of  Lecturer Commerce, that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START  Button to Take this Commerce Test Online.

Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 34
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 34

1 / 25

The amount setting a side out of profit for a possible loss or liability is called as:

2 / 25

The bad debts which are appearing in the trial balance only to be debited to:

3 / 25

Adjusting entries are made at the end of each business:

4 / 25

In balance sheet rent outstanding should appear on:

5 / 25

The debts, the recovery or realization of which is doubtful or uncertain, are known as:

6 / 25

The debts which cannot recovered from the debtors, are called:

7 / 25

Bad debts is debited to:

8 / 25

Net loss is always:

9 / 25

In balance sheet, pre received income is shown on:

10 / 25

No adjustment is required for any bad debt which is appearing already in the:

11 / 25

Provision for doubtful debts is debited to:

12 / 25

When a customer became business debtor the amount due from him is called:

13 / 25

Bad debt recovered is credited to:

14 / 25

Bill for repairs not yet paid is:

15 / 25

While making an adjusting entry in respect of closing stock, we debit:

16 / 25

From the business point of view, the discount allowed to customers is:

17 / 25

Bad debts is a business:

18 / 25

While making an adjusting entry in respect of interest on capital, we credit:

19 / 25

Net profit is always:

20 / 25

Wages paid for installing a machine should be debited to:

21 / 25

Provision, for bad debts account normally has a:

22 / 25

While making the adjusting entry in respect of depreciation, machinery account is:

23 / 25

Outstanding Wages are shown as:

24 / 25

Business give a cash discount, on making prompt paying to its:

25 / 25

In balance sheet prepaid expenses should be appear as:

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