This a MCQ (Multiple Choice Question) based practice test of Chapter 1 - Introduction to Accounting of Accountancy of Class XI (11) for the quick revision/preparation of School Board examinations
Q What type of transactions we record in the books of accounts?
Devaluation of currency will be more beneficial if prices of
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The person from whom goods are purchased on credit is known as ____
Goods/Assets or Cash used for personal use by a businessman is called______
Accounting is helpful in replacing the ______
The main purpose of balance sheet is to show ______
Which of the following does not represents a business transactions?
Which is the most important characteristic that all assets of a business have?
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82 videos|105 docs|42 tests
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