Students and Teachers Forum

1. When was the first postal stamps of Nepal released?

"1938 .....

2. During the reign of Prithivi Narayan Shah, an institution was developed called ______.

.....

3. The process of carrying and transferring letters, documents, and parcels, money from one place, office and person to other place, office and person inside or outside through the post office is ______.

"postal .....

4. An institution which involves in carrying and transferring letters, documents, parcels and money relating to individuals and organizations from one place to another place inside or outside the country is ______.

"post .....

5. The government of Nepal has established a separate office maintain the record of national importance which is known as ______.

"Rastriya .....

6. The process of collecting, recording, preserving, utilizing and disposing official documents in a systematic manner is called ______.

"record .....

7. The trial balance ______.

"is used to prove that there are no errors in the journal or .....

8. The trail balance helps in minimizing the different types of accounting ______.

"all the options are .....

9. "Trail balance is a list of balances debit or credit standing in the books of a trader at any given date." Who said this?

"J. R. .....

10. The objective of preparing the trail balance is ______.

"all the options are .....

11. New Accounting System is based on the principle of ______.

"double entry system of .....

12. New Accounting System was implemented all over the country since ______.

"Srawan 2025 .....

13. When was the New Accounting System introduced?

"Chaitra 2, 2018 .....

14. Bhuktani Sresta Pranali was introduced in ______.

"2017 .....

15. Ledger is a primary book in which all the transactions are posted in a ______.

"classified .....

16. Which of the following are used to document journal entries that are made in the general journal?

"Journal .....

17. Who should be allowed to enter adjusting entries through the general journal?

.....

18. In a hand-written accounting system where would you record a decrease in an asset?

"On the credit side of the ledger account for the .....

19. Which of the following is the correct terminology for the right hand side of a hand-written ledger account?

.....

20. Trial balance is prepared to check accuracy of ______.

"Ledger accounts .....

21. How many types of books were used under Syaha Sresta Pranali?

.....

22. How many types of accounting systems have been used in Nepal?

.....

23. The budgeting system was started Nepal in ______.

"1956 .....

24. Office of Kitabkhana was established for recording the_______.

"salary paid to the employees of government of .....

25. When was the Laldhahha introduce in Nepal?

"1871 .....

26. In which period, Laldhadda was introduced?

"Shah .....

27. Government accounting was first introduced in Nepal in ______.

"Lichhavi .....

28. The government accounting system largely depends upon the ______.

"all the options are .....

29. Which of the following statement is incorrect?

"In emergency, the petty cashier may give staff loans of small .....

30. The correct way of accounting an amount received from a credit customer is ______.

"debit cash account and credit the individual customer's .....

31. The source documents for entries made in the Return Outwards Journal are ______.

"credit notes issued by .....

32. Which of the following is a book of prime entry?

.....

33. How many types of subsidiary books are used in Nepal?

.....

34. Subsidiary books are sub-division of ______.

.....

35. The collective form of all these journal books is known as ______.

"subsidiary .....

36. ______ does not exist in the business in real form. It appears only in the books.

"Nominal .....

37. ______ is the record of assets of the business.

"Real .....

38. The rule of journalizing in personal account is ______.

"debit the receiver, credit the .....

39. If a company uses special journal, purchase of supplies on the account should be recorded in which journal?

"Purchases .....

40. If a company uses special journals, credit sales should be recorded in which journal?

"Sales .....

41. If a company uses special journal, cash sales should be recorded in which journal?

"Cash receipts .....

42. Which of the following statements is incorrect in the double entry accounting system maintained manually?

"A journal entry should always consist of a single debit entry matched by a corresponding credit .....

43. Double entry system is more ______ than single entry system.

.....

44. It is the system under which each transaction is regarded to have two fold aspects and both the aspects are recorded to obtain complete record of dealings.

"Double entry .....

45. It is an expensive system because a number of books are required to maintain ______.

"Double entry .....

46. The amount receivable from the customers against the good sold on credit is called ______.

.....

47. Assets are classifies into ______.

"2 .....

48. Bills payable, creditors, bank overdraft, expenses are some of the examples of ______.

"short term .....

49. The amount of money payable by the business to the outsiders normally after a period of one year is called ______.

"long term .....

50. The liabilities are classified into ______.

"2 .....