Accounting Quiz or Test Your Accounting Knowledge On Income And Expenditure Accounts

November 11th, 2010 Comments off
Share |

Refresh or test your accounting knowledge on Income And Expenditure Accounts :

QUESTIONS:

1.0    List three differences between the accounts of a non-trading organization and those of a business

2.0    List five sources of income for a non-trading organization

3.0    What is a receipts and payments account?

4.0    Describe two ways of accounting for income from life membership fees

5.0    The profit or loss on the sale of a fixed asset which has been subject to depreciation

Click here to go to all other articles on Content Page on Accounting Quiz or Test your bookkeeping or accounting knowledge

 

Comments are closed now.

Financial Accounting

 
 

Advertise Here | Brain Teasers/Puzzles | Greeting Cards | Inspirational Quotes | Jokes/Humor | Useful Links | Motivational Stories | Resource | Shopping | Share/Express Your Views | Testimonials | Universities/Colleges | Words of Wisdom from Religions | FREE POSTING OF ACCOUNTING & FINANCE JOBS VACANCY|