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Accounting Explanation




Accounting MCQs


Topic wise MCQs


  1. Intro to Accounting and its terms
  2. Accounting equation
  3. General Journals
  4. Specialized journals
  5. Ledger or T accounts
  6. Self Grading MCQs Test (Topic 1-5)
  7. Trial Balance
  8. Cash Book
  9. Bank reconciliation statement
  10. Adjusting Entries

  1. Accounting concept and conventions
  2. Self Grading MCQs Test (Topic 6-10)
  3. Financial statements (General)
  4. Partnership Accounts
  5. Control Accounts
  6. Fixed assets & Depreciation
  7. Bad debts & Provision for bad debts
  8. Inventory or stock valuation
  9. Non-profit organisations accounts
  10. Single entry and incomplete records


General MCQs






Accounting Questions and Answers


Introduction to Accounting and its terminology
Accounting Equation Assets = Equity + Liabilities
The Double entry system - Debit and Credit
Book of original entries - Journals or Day books
Ledger or T Account
Trial Balance
Book of original entries - Cash Book
Bank Reconciliation statement
Financial statements or Final accounts


Accounting Short Answer Questions


Introduction to Accounting and its terminology
Accounting Equation Assets = Equity + Liabilities
The Double entry system - Debit and Credit
Book of original entries - Journals or Day books
Ledger or T Account
Trial Balance
Book of original entries - Cash Book
Bank Reconciliation statement
Adjusting entries - Accruals and prepayments
Financial statements or Final accounts


Abbreviations


» Accounting Abbreviations
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

» Stock market Abbreviations
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

» Business Abbreviations
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

» Professions Abbreviations
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X-Z


University rankings


A
Albania
Algeria
American Samoa
Andorra
Antigua and Barbud
Argentina
Armenia
Australia
Austria
Azerbaijan
B
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
BruneiDarussalam
Bulgaria
Burkina Faso
C
Cambodia
Cameroon
Canada
Cape Verde
Chile
China
Colombia
Costa Rica
Côte D'Ivoire
Croatia
Cuba
Cyprus
CzechRepublic
D
Democratic Republic of the Congo
Denmark
Dominica
Dominican Republic
E
Ecuador
Egypt
El Salvador
Eritrea
Estonia
Ethiopia
Faroe Islands
Fiji
Finland
France
French Polynesia
G
Gabon
Georgia
Germany
Ghana




Greece
Greenland
Grenada
Guam
Guatemala
Guyana
H
Haiti
Honduras
Hong Kong
Hungary
I
Iceland
India
Indonesia
Iran
Iraq
Israel
Israel
Italy
Jamaica
Japan
Jordan
K
Kazakhstan
Kenya
Kuwait
Kyrgyzstan
L
Latvia
Lebanon
Lesotho
Libyan Arab Jamahiriya
Liechtenstein
Lithuania
Luxembourg
M
Macau
Madagascar
Malawi
Malaysia
Maldives
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Moldova Republic of
Monaco
Mongolia
Montenegro
Morocco
Mozambique
N
Namibia
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Nigeria
Northern Mariana Islands
Norway



O
Oman
P
Pakistan
Palestinian
Territories
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Puerto Rico
Q
Qatar
Republic Of Korea
R
Romania
Russian Federation
Rwanda
S
Saint Kitts and Nevis
Saudi Arabia
Samoa
Senegal
Serbia
Singapore
Slovakia
Somalia
South Africa
Spain
Sri Lanka
Sri Taiwan
Sudan
Suriname
Sweden
Switzerland
Syrian Arab Republic
T
Tajikistan
Tanzania
Thailand
Trinidad and Tobago
Tunisia
Turkey
U
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States of America
Uruguay
Uzbekistan
V
Venezuela
Vietnam
Virgin Islands (U.S.)
Y
Yemen
Z
Zambia
Zimbabwe


Source: www.webometrics.info



Accounting Lectures



       » Financial & Managerial Accounting

       » Larry walther Lectures

        Chapter 01 - Welcome to the World of Accounting


        Chapter 02 - Information Processing


        Chapter 03 - Income Measurement


        Chapter 04 - The Reporting Cycle


        Chapter 05 - Special Issues for Merchants


        Chapter 06 - Cash and Highly Liquid Investments


        Chapter 07 - Accounts Receivable


        Chapter 08 - Inventory


        Chapter 09 - Long-Term Investments


        Chapter 10 - Property, Plant, and Equipment


        Chapter 11 - Advanced PP&E Issues


        Chapter 12 - Current Liabilities & Employer Oblig


        Chapter 13 - Long-Term Obligations


        Chapter 14 - Corporate Equity Accounting


        Chapter 15 - Financial Reporting Concepts


        Chapter 16 - Financial Analysis & Cash flow stat.


        Chapter 17 - Intro to Managerial Accounting


        Chapter 18 - Cost-Volume-Profit


        Chapter 19 - Modern Cost Management Sys.



        Chapter 20 - Process and activity-based costing


        Chapter 21 - Budgeting:  for Success.


        Chapter 22 - Tools for Enterprise Perfor. Evaluation


        Chapter 23 - Reporting to Support Managerial Dec.


        Chapter 24 - Analytics for Managerial Dec. Making


       » Financial Accounting

       » Susan Crusson Lectures

        Accounting Basics


        Accounting Transaction


        Mearuring Business Income


        Financial Reporting and Analysis

        Cash and Receivable or Debtors

        Financial Accounting General Terms


        Cash Flow Statement-IAS 7


       » Big Bean Counter Lectures


       » Big Bean Counter Lectures


       » VU Lectures (Urdu/Hindi language)


       » Managerial Accounting 

       » Susan Crusson Lectures

         Management Process


        Cost Concepts


        Job Order Costing


        Process Costing


        Process Value Analysis


        Cost Behavior


        Budgeting Process


       » VU Lectures (Urdu/Hindi language)



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