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Pak Admissions - Entry Test Quizzes
PU COM Entry Accounting Double Entry System MCQs Test 1
PU COM Quiz (Accounting)
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Accounting

PU COM Entry Accounting Double Entry System MCQs Test 1

Practice PU COM 2026 Entry Test Accounting MCQs from Double Entry System. Get instant results with Explanation.

Practice Quiz 1 for "Double Entry System" (Accounting). Total 10 MCQs available, split into 1 quizzes. Start with the fundamentals and build a strong base. Mastering these concepts is essential for securing a high percentile in PU COM.

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Punjab University Entry Test PU-COM

Conducting Body: University of The Punjab (PU)
Frequency: Bi-Annual | Time: 80 Minutes
Negative Marking: No

⚡ Test Pattern (Total: 100 MCQs):

Merit Formula: Merit Formula: Intermediat 50% Matric 25% PU M Entry Test 25%

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1. What is the double entry system?
2. What are the rules of debit and credit?
3. What records the debit and credit effects of a transaction?
4. What are source documents?
5. What is the process of transferring journal entries to the ledger?
6. What is a trial balance?
7. What is the purpose of a trial balance?
8. What is the journal entry for purchasing goods on credit?
9. What is true about the accounting equation after each transaction?
10. What is a ledger account?

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