Nepal Rastra Bank Accounting 10 MCQ
Nepal Rastra Bank Accounting MCQ Question 1) Which of the following equation(s) is(are) true? A Assets = Liabilities + Capital B Assets - Capital = Liabilities C Both (a) and (b ) D None of the above 2)Wages and Salaries is a charge against ? A Trading Account B Profit and Loss Account C Profit and Loss Appropriation Account D Balance Sheet 3)All credit sales are recorded in? A Sales Day Book B Sales Credit Book C Sales Day Account D Sales Day Register 4) The life span of a company is dependent on the life span of the A Owner(s) of the company B Promoter of the company C Managing Director of the company D None of the above 5) Bank Reconciliation statement is prepared to arrive at the Bank Balance. A True B False 6) Goodwill is not a fictitious asset. A True B False 7)Fixed Assets are stated in t...