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CGL AAO Mock Test - 10

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Question 1

Overhauling Expenses are incurred Rs 10,000 for the Turbine to get better output and efficiency. This comes under:

Question 2

Estimated selling price less estimated cost of sales is

Question 3

Small payments are recorded in a book called ___.

Question 4

In case of sudden holiday, maturity date falls on

Question 5

Financial position of the business is ascertained on the basis of

Question 6

Which type of error occurs when credit sale is wrongly posted to purchases book?

Question 7

Answer the following question by using the following table :

Value of Gross Profit :

Question 8

Rs. 18000 received from tenant for rent and entered correctly in the cash book. It is posted to the debit of the rent account. In the trial balance:

Question 9

Income tax paid by the sole proprietor from business bank account is debited to

Question 10

Which of the following mentioned error will not affect the trial balance?
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May 18SSC & Railway