What accounting method is followed for the recording of transactions?
Book keeping mainly concerns with which part of accounting process?
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Which is the last step of accounting as a process of information?
Posting of entries in the ledger is done from _____
Which is the evidence of business transaction?
____ users are the groups outside the business entity who uses the information to make decisions about the business entity
Which of the following is a limitation of accounting?
Following information is related to Trade discount except
A company prepares statement of Profit and Loss in the form prescribed in the Companies Act of
A liability is a current liability if it satisfies
The time between the acquisition of an asset for processing and its conversion into cash and cash equivalent is called
Which one of the following is not a fictitious asset?
The expense that has been incurred but has not been paid are called
Debtors and Bills Receivable are shown as _________
The person who makes the investment and bears all the risks connected with the business is called
Which one of the following is not a current liability?
Amount paid in advance for a particulars expense is known as_____
Which of the following accounts can be classified as a real account?