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MUH213U

Accountıng I (ENG)

Deneme Sınavı Soruları

  • 20 soru
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0 doğru · 0 yanlış · 20 kaldı
  1. 1

    Which of the following is not one of the asset accounts of firms?

  2. 2

    Cash, buildings, furniture and merchandise inventory are the examples of .......... .

  3. 3

    I. Recording the business transactions

    II. Communicating of the financial transactions of an entity to interested users

    III. Identifying business activities

    IV. Growing sustainably to gain more benefits

    Which of the given is among the basic activities of accounting?

  4. 4

    What is the activity of keeping records of the financial transactions called?

  5. 5

    What are the humanly devised rules, procedures, and norms to judge one’s action as right or wrong, honest or dishonest, and fair or not fair?

  6. 6

    B Company purchased an Office Building on January 1, 2016, and the cost of the office building is 500,000 TL, and the residual value is 60,000 TL. The business believes that the office building will remain useful for 40 years. If  they use straight-line depreciation method, which of the following is the accumulated depreciation of Office Building on December 31, 2019 ?

  7. 7

    .......... is a systematic way of keeping chronological diary of events measured in monetary unit. 

  8. 8
    Why the basic form of account generally is called as T-account?
  9. 9

    Traditionally, the two effects of an accounting entry are known as . Accounting system is based on the principal that for every Debit entry, there will always be an equal Credit entry. This is known as the Duality Principal. According to the Double Entry system, which of the following is true?

  10. 10

    A debit entry to an account....

  11. 11

    What is the name of the left side of the account?

  12. 12

    The left side of an account is referred to as the .....

  13. 13

    ................ refers to the act of making an entry on the left side of an account and when debit amount exceeds credits,............. occurs.

  14. 14

    Star Inc., has 200.000 TL in revenues, 25.000 in expenses. According to this information, Star Inc. which of the following is the change in stockholders’ equity?

  15. 15

    "The cost of assets consumed or services used during the revenue earning process."

    Which of the following is the definition given in the sentence above?

  16. 16

    In ______________, revenue is recognized after the cash is received.

    Which of the following completes the statement above?

  17. 17

    ________ is a business owned and run by one person.

    Which of the following completes the sentence above?

  18. 18

    I. Accounts Payable

    II. Owner, Withdrawals

    III. Unearned Revenue

    IV. Owner,Capital

    V. Prepaid Expenses

    Which of the above-numbered expressions is a owner's equity account?

  19. 19

    Which of the following is an asset account?

  20. 20

    Which of the following can not be an accounting period?

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