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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 the first step of accounting cycle?

  2. 2

    Which of the following includes the assets that will be converted into cash, sold, consumed or received within 12 months?

  3. 3

    Which of the following described as "Economic resources that are expected to benefit the business in the future"?

  4. 4

    According to which principle of the following the revenue is recognized after the cash is received.

  5. 5

    If the company has a profit at the end of the period, To which of the following, the credit balance of the Income Summary account is transferred?

  6. 6

    ........................ is the cost of an asset, or other amount substituted for cost, less than its residual value.

  7. 7

    ......................... a list of all the accounts with their adjusted balances. 

    What is the financial statement described above?

  8. 8

    A company pays the rent in cash on the 15th of each month but records it at the beginning of the same month. 

    Which of the following explains the situation for this company?

  9. 9

    I. Identifying

    II. Recording

    III. Correcting

    Which of the above is/are take(s) part in the basic activities of the financial transactions of an entity

  10. 10

    A company has raw materials  which  will be consumed within 10 months. In which section of the balance sheet should the company report this?


  11. 11

    Which of the given is realized during the communication of the summarized information?

  12. 12

    Which one of the following is the starting point for the preparation of the financial statement?

  13. 13

    Which of the following refers to any 12-month accounting period?

  14. 14

    Which of the following statements is wrong?

  15. 15

    …….are economic resources that are expected to benefit the business in the future.

  16. 16

    Which of the following has an indefinite useful life?

  17. 17

    "An individual accounting tool that shows the increases and decreases in a specific asset,
    liability, or owner’s equity item during a specified period." describes which one of the following?

  18. 18
    Which of the following is not one of the reasons why trial balance is unadjusted?
  19. 19
    After closing of revenue accounts,expense accounts and Income Summary account, whihc of the following is to be prepared?  
  20. 20

    Which of the following is the correct definition of the accounting cycle?

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