Accounting Test Online - Part 19

After spending almost 11th month, we are again starting accounting test online, last time, we have taken  Online Accounting Test on 30th Sept. 2015. Last month, we have written 15 accounting contents. You have studied it. For verify your knowledge, we are taking a simple objective type accounting test online. Hope, it will also gain from it.

If you did not attend the class, read and understand our written lecture again at here. Now, ready to answers the following questions on your blank page.

Question 1. Who is Judgment Debtor?

(a) Judgment debtor is debtor who is free from paying is debt on the order of court. 

(b) Judgment debtor is debtor who has to pay double of his taken loan on the order of court.

(c) Judgment debtor is debtor who has right to choose the amount of debt which he is interested to pay on the order of court.

(d) Judgment debtor is the debtor  who has to pay his taken debt to creditor on the order of Court.

Question 2. Under which rule of service tax, it is necessary to provide service tax invoice to service taker ?

(a) Rule 1995  (4A(1).

(b) Rule 1996  (4A(1).

(c) Rule 1994  (4A(1).

(d) Rule 1997  (4A(1).

Question 3. Is Advance Payment for Buying the Air Ticket for Employees an Asset or Liability or show both side of balance sheet?

(a) Asset

(a) Liability

(c) show both asset and liability of balance sheet

(d) Not of Any of above

Question 4. What will the journal entry when businessman, adjust his given advance with his given salary. 

(a) Cash account Debit 
Advance to Employee Account Credit

(b) Salary to My Employee Account Debit 

Advance to My Employee Account Credit 

(c) Salary to Employee Account Debit.

(d)  Cash account Credit

Question 5. What will be the journal entry?  "When we have received advance against sales."

(a) Debtor Debit

Sales Account Credit

(b)  Cash Debit

Sales Account Credit

(c) Advance  Received Against Sales  Debit

Sales Account Credit

(d) Cash/ Bank Account Debit

Advance Received Against Sales Account Credit


1 d. 2 c. 3. a 4. b 5. d







access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar Control Your Spending corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation Diwali Messages documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Finance Journal Entries Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps Google Adsense google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting Intangible interest international Internet Introduction of Tally 9 inventory investment investment in Shares invoice IT Japan Job costing journal entries Journal Entries eBook Help Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting Online Accounting Course otcei pakistan parents Partnership pay pal pdf Personal Finance pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance truthfulness tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching Wealth wikipedia working capital youtube
Accounting Education: Accounting Test Online - Part 19
Accounting Test Online - Part 19
Accounting Education
Not found any lecture VIEW ALL Continue reading Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock