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The difference between the balance of a fixed asset a/c and the related accumulated depreciation a/e is termed as:
Which of the following is the most important reason for studying accounting?
By-products should be valued at:
Which of the following is correct
Balance in a petty cash book is
Provision for bad and doubtful debts is created in anticipation of actual bad debt on the basis of
Which of the following should be deducted from the share capital to find out paid up capital?
The debit balance in the bank column of cash book indicates:
The total sum payable by the hirer under a hire purchase agreement in order to complete the purchase of or acquisition of property in the goods is known as:
An accounting system which presents the Balance sheet in two parts is called: