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Financial Accounting - Multiple Choice Questions (MCQs) with Answers

Accounting is the Key subject in business Management Studies and Commerce. The role and significance of accounting can't be ignored. A good businessman must be aware the key terms of accounting in this era of business.
Students can enhance their Accounting skills with the help of following Multiple Choice Questions (MCQs) and Answers.
Financial Accounting - Multiple Choice Questions (MCQs) with Answers

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I.COM Part-I

  1. Introduction to Accounting MCQs 
  2. Accounting Equation MCQs 
  3. Nature of Account MCQs  
  4. Journal, Ledger & Trial Balance 
  5. Banking Transactions
  6. Bills of Exchange
  7. Cash Book MCQs
  8. Bank Reconciliation Statement MCQs
  9. Final Account
  10. Capital & Revenue
  11. Rectification of Errors


  1. Accounts from Incomplete Records |Single Entry System
  2. Accounts of Non-Trading Concerns
  3. Depreciation
  4. Accounts for Joint Stock Company
  5. Consignment Accounts
  6. Partnership
  7. Reserves & Provisions

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