Accounting MCQ’s for lecturer

By: Prof. Dr. Fazal Rehman | Last updated: May 21, 2025

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1. : The institution Non-trading is for?



2. : A payment and receipt account is for?



3. : Payment and receipt account is for?



4. : Which thing is not maintained by non-trading concerns?



5. : In advance which subscription is received?



6. : In which side is the admission fee received treated?



7. : The payment and receipt account is not for?



8. : The Expenditure and income account start with?



9. : Expenditure and income account is equal to?



10. : The money required for a non-profit company day by day is?



11. : The Payment and Receipt account starts with?



12. : The Capital fund is shown on which side of the balance sheet?



 

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