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quiz for the students of commerce

Quiz by vaishali patel

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6 questions
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  • Q1

    There are main three accounts in accountancy.

    true
    false
    True or False
    30s
  • Q2

    Purchase of furniture is revenue expense.

    false
    true
    True or False
    30s
  • Q3

    Payment of salary is entered in account as per nominal account.

    true
    false
    True or False
    30s
  • Q4

    Debit the receiver credit the giver is the rule of Personal account.

    true
    false
    True or False
    30s
  • Q5

    Accountancy is based on rules of accountancy.

    true
    false
    True or False
    30s
  • Q6

    Purchase of Machinery is a capital Expenditure.

    true
    false
    True or False
    120s

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