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About this document

Basic Accounting MCQs and Answers by Siji Varghese is a document available to read on EtoBox.

This document contains 53 multiple choice questions testing basic accounting concepts. The questions cover topics such as the accounting concepts of going concern, cost, dual aspect and more. They ask about accounting treatments for items like trade receivables, advances to employees, inventory valuation, and the classification of accounts. The last few questions focus on identifying real, nominal and personal accounts and the accounting equation.

Author
Siji Varghese
Language
EN