Capital increases if ______ increases:

Cash discount is provided on _______________?

Another name of journal is_____________?

A Master Budget consists of:

Transferring entries from journal to ledger account is commonly known as____________?

Which of the following methods is not a practical way of realizing revenue?

Modern system of book keeping is called______________?

The minimum number of members required for registration of a cooperative society are–

Which of the following is the external user of financial statements?

Office equipments account is classified as _________ account?

Which of the following specialised journals will record “goods returned by the BUSINESS “?

The following is a statement of revenues and expenses for a specific period of time

Depreciable amount =

A process of accounting that recognizes the impact of transactions on the financial statements in the time periods when revenues and expenses occur instead of when cash is received or disbursed is called ___ basis

A higher inventory ratio indicates

Deferred Taxation is:

Preliminary expenses are an example of

A large amount spent on special advertisement is–

Inflation accounting is also called ___

Which of these is not a special purpose journal?

The product range is widest in case of–

Which from the following asset is NOT depreciated?

1. Advances
2. Land
3. Machinery

Short-term loan can be described as:

For which step of accounting process the accountants of business entity prepare financial statements?

Lower the Debt Equity ratio