The stock destroyed by fire is to be ____________ to trading a/c.

Outstanding salary is a _______ a/c

Sales Day book is used to record ____________

__________ is used to record all cash transactions.

A bank reconciliation statement is prepared by _________

Credit in a liability means ____________

Journal entry contains only one debit and one credit is called __________

Debit and Credit column of _________ tally either side.

A list of account balances prepared to prove the equality of debit and credit ie, arithmetical accuracy of account is ________

_________ accounts are not balanced.

Opening entry contains _________ balances of accounts

When Cash or goods or assets are taken for private use are called _________

An entry which contain more than one debit and one credit item is called _________

A group of accounts is known as ________

_______ is used to record the day to day transaction daily

__________ is also called books of original entry, first entry, primary entry or subsidiary entry.

Single entry systern is also called _________

The process of recording the dual aspect in a business transaction is called _________

The process of recording any one of the element in a transaction or keeping some books of accounts is called _____

Capital a/c is a _________ account

Loan a/c is a ________ account

Bank a/c is a ________ account

Accounts of Expenses or losses and Incomes or gains are called _______

Accounts of assets and properties are called ________

An account which represents a person is termed as ________

Accounts of firms and companies are called ________

Accounts of Human being is __________

All accounts other than personal accounts are called ________

An account is in the name of a person, firm or company is called _______

A device used to record the effects on assets, liability and capital is called ________

________ is a summarized record of a Transaction

Accounting Equation is also called ________

Capital is also called ________

The capital is increased by profit or decreased by Loss is called _______

The amount introduced by owners to the business is called _________

The excess of assets over liabilities are called __________

Assets whose value is reduced completely by use are called __________

Discount on issue of share is a _________ expenditure

Assets incurred by an expense or loss is termed as _________

Asset having physical existence are called _______

Goodwill is an Intangible Asset which is also a ________

Current Assets are also called _______

Assets which are changed over a period of one year are termed as _______

Assets for short period is termed as _________

Assets for prolonged use are __________

The liability of the firm to outsides is called ___________

The liability of the firm to its owners is called _________

Liability is also called ___________

The amounts or debts owing by the business is called ___________

Assets are also called _________