Partnership Accounts Fundamentals

Profit and Loss Appropriation A/c MCQ Test 2

MCQ Profit and Loss Appropriation A/c – Partnership accounts This quiz on the Profit and loss appropriation A/c with 15 practice questions. Test your knowledge about the concepts of profit and loss appropriation A/c with this MCQ practice test. This quiz contains questions 1-15 covering what is profit and loss appropriation account, what are the […]

Profit and Loss Appropriation A/c MCQ Test 2 Read More »

Profit and Loss Appropriation A/c MCQ Test 1

MCQ Profit and Loss Appropriation A/c – Partnership accounts This quiz on the Profit and loss appropriation A/c with 15 practice questions. Test your knowledge get the conceptual clarity on profit and loss appropriation A/c with this MCQ practice test. This quiz contains questions 1-15 covering what is profit and loss appropriation account, what are

Profit and Loss Appropriation A/c MCQ Test 1 Read More »

Charge against profits vs Appropriation of profits MCQ Test 2

MCQ Charge vs appropriation – Partnership accounts This quiz on the charge against profits vs appropriation of profits with 15 practice questions. Test your knowledge about the meaning of charge vs appropriation with this MCQ practice test. This quiz contains questions 1-15 covering what is charge in partnership accounts, how it is different from the

Charge against profits vs Appropriation of profits MCQ Test 2 Read More »

Charge against profits vs Appropriation of profits MCQ Test 1

MCQ Charge vs appropriation – Partnership accounts This is first quiz on the charge against profits vs appropriation of profits with 15 practice questions. Test your knowledge about the meaning of charge vs appropriation with this MCQ practice test. This quiz contains questions 1-15 covering what is charge in partnership accounts, how it is different

Charge against profits vs Appropriation of profits MCQ Test 1 Read More »

Meaning of Partnership MCQ Test 2

MCQ Meaning of Partnership This is second quiz on the meaning of partnership with 15 practice questions. Test your knowledge about the meaning of partnership with this MCQ practice test. This quiz contains questions 1-15 covering meaning and features of partnership, the rights of partners, Partnership deed and its importance and provisions in the absence

Meaning of Partnership MCQ Test 2 Read More »

Meaning of Partnership MCQ Test 1

MCQ Meaning of Partnership Test your knowledge about the meaning of partnership with this MCQ practice test. This quiz contains questions 1-15 covering meaning and features of partnership, the rights of partners, Partnership deed and its importance and provisions in the absence of partnership deed and liabilities of partners in case of unjust profits earned

Meaning of Partnership MCQ Test 1 Read More »

MCQ on Past Adjustments – 3

MCQ Past Adjustments – Partnership accounts This is another MCQ Test on the past adjustments has 15 practice questions. Test your knowledge about the partnership accounts – Fundamentals , concepts of past adjustments, their meaning, format for creating adjustment table, journal entries for past adjustments , two methods of doing past adjustments, single entry method

MCQ on Past Adjustments – 3 Read More »

MCQ – Guarantee of Profits in partnership – 2

MCQ Guarantee of Profits – Partnership accounts This MCQ Test on the guarantee of profits has 20 practice questions. Test your knowledge about the partnership accounts – Fundamentals , concepts of guarantee of profits, meaning of guarantor and guaranteed partners, journal entries for guarantee etc. The quiz suits well for conceptual clarity for your board

MCQ – Guarantee of Profits in partnership – 2 Read More »