An increase in provision for bad debt will____________?

Income from the sale of scrap is usually shown in

Closing stock is generally valued at______________?

Income earned but not received is called ____________?

Sales and purchase journal don’t record__________?

Cash received from debtor is recorded in which of the following SPECIALIZED journals?

Buildings account is debited with an amount towards repairs. This is an example of?

The assets which come into existence upon the happening of a certain event are called__________?

Keeping the log of financial information in books of original entries is called__________?

Which of the following errors is an error of omission?

What from the following is NOT a current asset?

Which of the following accounts will be credited if a company purchases building for cash?

A public corporation is set up–

In Journal, the business transaction is recorded

An account records the ___________ in the balance of an item?

Bad loans in banking terminology are generally known as–

Debit note is the basis for recording a transaction in which of the following journals?

Which is the most important characteristic that all assets of a business have?

A low Return on Investment Ratio (ROI) indicates

_______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use?

Accounting provides information on

Modern system of book keeping is called______________?

The unsold goods are ______________?

Which of the following is a revenue expenses?

Income Tax rates are the same for: