Commerce Coaching Centre Naihati

21/07/2026

21/07/2026

📈 Can a business continue forever?

Learn the Going Concern Principle in just one minute! Save this post for revision and share it with your classmates.

💬 Comment "DONE" if you understood the concept.

20/07/2026

📘 Accounting Principle

🧠 Do you know which accounting principle separates the owner's personal transactions from the business transac

📚 Follow for daily Accounting MCQs, concepts, and exam-ready notes.

20/07/2026

Do you know which accounting principle separates the owner's personal transactions from the business transactions?

💬 Drop your answer in the comments before reading the explanation!

📚 Follow for daily Accounting MCQs, concepts, and exam-ready notes.

20/07/2026

📘 ACCOUNTING QUIZ – EXPERT LEVEL 🔥

🧠 Can you solve this without using a calculator?

Question:

A business purchased machinery for ₹2,00,000 and paid ₹10,000 for installation. According to the Cost Concept, at what amount should the machinery be recorded?

🅰️ ₹2,00,000
🅱️ ₹2,10,000
🅲️ ₹1,90,000
🅳️ ₹2,20,000

💬 Comment your answer (A, B, C, or D) below!

🎯 Challenge your friends and see who gets it right first.

🏆 The correct answer will be revealed in the next post.

📚 Follow for daily Accounting quizzes, MCQs, and exam preparation.

19/07/2026

Think you know the correct answer? 🤔

Question:
Which account records Discount Allowed?

🅰️ Personal Account
🅱️ Nominal Account
🅲️ Real Account
🅳️ Liability Account

💬 Comment your answer below!
🏆 The correct answer will be revealed in the next post.
📚 Follow the page for daily Accounting quizzes and exam preparation!

19/07/2026

📘 ACCOUNTING QUIZ | Test Your Concepts! 🧠

⏳ Only 10 seconds to answer!

❓ Question:

Which accounting principle states that revenue should be recognized when it is earned, not when cash is received?

🅰️ Matching Principle
🅱️ Revenue Recognition Principle
🅲️ Cost Concept
🅳️ Prudence Principle

👇 Comment your answer (A, B, C or D)!

🏆 Correct answer will be revealed tomorrow.

👥 Challenge your Commerce friends!

📚 Follow our page for Daily Accounting Quizzes, MCQs & Exam Preparation.

💚 Learn Today • Score Better Tomorrow.

19/07/2026

📘 ACCOUNTING QUIZ | Can You Get It Right? 🧠

⏳ You have only 10 seconds!

❓ Question:

Which of the following is a Fictitious Asset?

🅰️ Goodwill
🅱️ Preliminary Expenses
🅲️ Furniture
🅳️ Cash

👇 Comment your answer (A, B, C or D)!

🏆 Correct answer will be revealed tomorrow.

👥 Challenge your Commerce friends!

📚 Follow our page for Daily Accounting Quizzes, MCQs & Exam Preparation.

💚 Learn Today • Score Better Tomorrow.

19/07/2026

📘 ACCOUNTING QUIZ | Test Your Accounting Skills! 🧠

⏳ You have only 10 seconds!

❓ Question:

Which account is increased by Credit?

🅰️ Asset

🅱️ Expense

🅲️ Capital

🅳️ Drawings

👇 Comment your answer (A, B, C or D)!

🏆 Correct answer will be revealed tomorrow.

👥 Tag your Commerce friends and challenge them!

📚 Follow our page for Daily Accounting Quizzes, MCQs & Exam Preparation.

💚 Learn Today • Score Better Tomorrow

19/07/2026

📘 ACCOUNTING QUIZ | Can You Get It Right? 🧠

⏳ You have only 10 seconds!

❓ Question:

Which statement shows the Profit or Loss of a business?

🅰️ Cash Book
🅱️ Profit & Loss Account
🅲️ Balance Sheet
🅳️ Trial Balance

👇 Comment your answer (A, B, C or D)!

🏆 Correct answer will be revealed tomorrow.

👥 Tag your Commerce friends and challenge them!

📚 Follow our page for Daily Accounting Quizzes, MCQs & Exam Preparation.