Lecturer Commerce Solved Past Paper MCQs Online Test No. 34

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Note:-

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

Adjusting entries are made at the end of each business:

3 / 25

In balance sheet, pre received income is shown on:

4 / 25

Outstanding Wages are shown as:

5 / 25

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

6 / 25

Bad debt recovered is credited to:

7 / 25

Bad debts is a business:

8 / 25

In balance sheet prepaid expenses should be appear as:

9 / 25

Provision for doubtful debts is debited to:

10 / 25

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

11 / 25

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

12 / 25

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

13 / 25

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

14 / 25

Net profit is always:

15 / 25

Wages paid for installing a machine should be debited to:

16 / 25

Bad debts is debited to:

17 / 25

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

18 / 25

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

19 / 25

Provision, for bad debts account normally has a:

20 / 25

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

21 / 25

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

22 / 25

In balance sheet rent outstanding should appear on:

23 / 25

Bill for repairs not yet paid is:

24 / 25

Net loss is always:

25 / 25

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

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