Challenger App

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All Capital items in accounting are shown in __________
In accounting an item whose benefit is spread to a number of years is termed as ________
Interest receivable at end is a __________
In a service co operative bank audit fee is calculated on a the basis of ____________
The balance of liability in a balance sheet of a co operative society is calculated as _________
The balance of asset in a balance sheet of a co operative society is calculated by the equation :
The preparation of _________ is the last stage in accounting
The process bringing similar nature of items into one group is called _________
The method arranging items in a balance sheet is called _________
Trading and P&L account is also called _________
The amount of depreciation taken for depreciation Fund and shown in ________ side of Balance sheet of society
Amount of Deprecation is not deducted from _________ of the balance sheet of a co operative society
Trade expenses account is debited to ________ account
Deficit stock is added to _________
Trade charges are debited in ___________ account of a co-operative society
Due to is a ___________ of Society
Due by is a __________ of society
Adjustments column in day book are used to record _______ transactions
A ________ is a journal used to record the day to day transaction in a co-operative society
All transactions both cash and credit are first recorded in one journal of a co-operative society, called
_________ is the Trial balance of a co-operative societies
Errors which violate the principles or rules of accounting is __________
Net loss of co-operative societies are shown in the _________ side of the balance sheet
Legal charges in connection with purchase of land is _________ expenditure
Floating assets are also called __________
Stock in trade is a _______ asset.
Bank overdraft is a _________
When an asset is purchased debit is given to ________ account.
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