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COPA
COPA Set-1
Using Accounting Software
11

Using Accounting Software MCQ with Answers

11) Which is the main book of final entry for accounts?

Balance sheet

Ledger

Receipts

Vouchers

Answer is:

Ledger

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Related Using Accounting Software MCQ with Answers

12) What is termed as excess of credit side total amount over debit side total amount in profit and loss account?

Credit

Debit

Loss

Profit

Answer is:

Profit

13) Which book is used to record transactions relating to return of goods to suppliers?

Purchase Book

Purchase Return Book

Sales Book

Sales Return Book

Answer is:

Purchase Return Book

14) Which is a statement of assets and liabilities?

Balance sheet

Journals

Ledgers

Trial balance

Answer is:

Balance sheet

15) Which accounting system is incomplete and unscientific?

Double Entry System

Single Entry System

Triple Entry System

Multi Entry System

Answer is:

Single Entry System

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