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quiz for the students of commerce
Quiz by vaishali patel
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6 questions
Show answers
- Q1
There are main three accounts in accountancy.
truefalseTrue or False30s - Q2
Purchase of furniture is revenue expense.
falsetrueTrue or False30s - Q3
Payment of salary is entered in account as per nominal account.
truefalseTrue or False30s - Q4
Debit the receiver credit the giver is the rule of Personal account.
truefalseTrue or False30s - Q5
Accountancy is based on rules of accountancy.
truefalseTrue or False30s - Q6
Purchase of Machinery is a capital Expenditure.
truefalseTrue or False120s