Corporate Accounting
Corporate Accounting Quiz
Test your knowledge of corporate accounting with our engaging quiz! This quiz covers essential schedules and concepts that every accounting professional should know.
Prepare to challenge yourself with questions like:
- What is the schedule number for operational expenses?
- Where does interest from RBI belong in the accounting schedule?
- What is the rate for statutory reserve provision?
1. Which is the schedule no.13
Interest earned
Interest Expended
Operating expenses
None of these
2. Schedule no. of Operating Expenses
12
15
14
16
3. Lockers rent Comes under which Schedule
Operating Expenses
Interest earned
Int.Expended
Assests
4. Schedule 15 - stands for the schedule name ?
Interaest Expended
Interest Earned
Operating Expenses
Contingent Liability
5. Schedule 14 contains :
Interest Expended
Other Income
Interest Received
Interest Earned
6. Discount on bills Discounted comes under the schedule :
13-Int Earned
14 - Int Expended
16-operating Exp.
Advances
7. Directors Remuneration - Schedule no??
13
15
16
9
8. Interest from RBI belongs to which schedule
16-operating Expenses
14-other income
15-Int Expended
None of these
9.Rate of Provision for Statutory reserve is________
12%
9%
21%
25%
10. Int. on Savings Bank a/c belongs to the schedule:
16- Operating Expenses
15- Int Expended
14-Other Income
09-Advances
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