BCA Second Semester Financial Accounting MCQs of 2024 Batch
BCA Second Semester Financial Accounting MCQs of 2024 Batch
Multiple Choice Questions
i. Subsidiary book records …
a) Credit transactions
Follow Uni Bytes for more
ii. According to going concern concept a business is assumed as having…
c) an indefinite life
Follow Uni Bytes for more
iii. The purchase of machinery is …………… expenditure.
b) Capital expenditure
Follow Uni Bytes for more
iv. A contra entry refers to …………………
d) Any cash and bank transactions recording in debit and credit side of cash book
Follow Uni Bytes for more
v. The trial balance checks ……………
a) The arithmetical accuracy of books of account
Follow Uni Bytes for more
vi. ……… is a feature of the company.
d) artificial person
Follow Uni Bytes for more
vii. The gross profit is shown by ………………
b) Trading account
Follow Uni Bytes for more
viii. The bank reconciliation statement is prepared with the help of …………
a) Bank pass book and bank column of cash book
Follow Uni Bytes for more
ix. A machine was purchased at Rs.2,00,000 on 1st January 2021. The company charged 15 percent depreciation under diminishing line method per year. How much depreciation charged in year 2023?
c) Rs.21,675
Follow Uni Bytes for more
x. A company issued share at Rs.100 each and money called, Rs.40 on application, Rs. 30 on allotment and Rs. 40 final call
How much premium or discount per share?
b) Rs.10 premium
Don’t use our content without permission. 📸⚠️
Thank you for sharing you everyone! If you’d like to share your notes, lab reports, solution, assignments, projects, or any other academic materials, feel free to contact us through social media (Uni Bytes), email us at unibytesofficials@gmail.com, or visit our website at www.unibytes.xyz.
We regularly provide updates on BCA news, results, exam routines, and other important information. Stay connected with Uni Bytes for all your academic needs
📢 Stay Connected with Us!
Follow us on social media for the latest updates, events, and more:
