_______ account is related with rectification of accounting error.
Undistrbuted portion of net profit is a :
The best system for manintaing petty cash book is :
Which is a depreciation charging method?
________ is the second item to be appeared under capital and liabilities in the Balance Sheet of a banking company.
A payment which fulfill all the conditions laid in the instrument is called ________
Which of the following is not a part of the owned funds?
Assets acquired for long term operations of a business ?
Debit note is prepared by _______
Narration is associated with _________
The change in the value of current Assets is called ________
The purpose of creating provision is a _________
In a sole trader's Balance Sheet Assets are arranged in the order of :
Which of the following accounts always shows a debit balance?
Which of the following account shows a credit balance ?
Salaries and wages are debited in _______
Posting is associated with ________ account
Carriage outward is debited to _______
Carriage is debited to ________
Narration is associated with _______
Lorry hire (carriage) on machinery is ___________
Subsidy received is a __________
Amount paid as fees to an architect is _________
Amount of advertisement of introducing a new product is ___________
Interest on loan paid is __________
Legal expenses incurred on raising a loan is ____________
Amount received on sale of goods is __________
Amount received or sale of land is ________________
Amount spend for repairing a machine is ___________
Amount spend for preparing a project is ______________
Revenue receipts are shown in the ___________
Amount received by the sale of fixed assets or investments by way of loans and by way of capital are termed as _________
_________ cause either decrease in fixed assets or increase in long term liabilities
Amount received on sale of furniture, bank loan received, amount received by issuing shares or debentures etc are the example of __________
Revenue receipts are credited in the ________
The unwritten off portion of the deferred revenue expenditure is shown as the __________ of the balance sheet
Cost of second hand furniture is Rs. 1500/- is __________ expenditure
Amount of raw materials purchased Rs. 6500/- is __________
Rs. 5000/- paid for machinery purchased is _______
Cost of raw materials and goods purchased, wages, carriage inwards, custom duty, clearing charges, excise duty, power and fuel, salaries, printing and stationery, etc are called __________
_______ expenditure are for keeping the quantity and quality of assets unaltered.
____________ expenditure are relatively for a short period
The expense incurred for the normal running of a business or maintanence of assets and income is termed as _________
Amount paid for purchase of land, building, plant, furniture, vehicles, goodwill, patent right, trademark, copy right, mines and oil wells, plantation expenses, etc are called ____________
____________ expenditure is non recurring in nature.
_________ expenditure incurred for the permanent improvement in the existing assets.
_____________ expenditure incurred for purchasing or manufacturing of Assets
_________ expenditure yield benefit for a number of years
An expenditure incurred for increasing the assets of the business, or improving the earning power of it, it is termed as ___________