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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 _________
The giving element in a transaction is called ___________
The receiving element in a transaction is called _________
_________ is one to whom money is owed
__________ is one who owes money or something of value to another
When the payment or receipt is postponed to a future date, it is called ________
Checking of the accounts and posting to subsidiary books and other ledgers is called :
Depreciation on Live stock is calculated under ............ method.
Specific Reserve is created by :
An item of Revenue Expenditure is posted to Personal Account. What kind of error is this?
........... expenditure will never be a loss to the :
Misappropriation of ......... is known as lapping.
............... Voucher is produced when the original voucher is missing
Checking the transfer of balance from the Ledger to the Trial Balance comes under the face of ............. in Auditing.
The term “Due to" in Audit denotes ?
Profit made from sale of Fixed assets should be kept as :
In one of the following case insurance is not arranged by the bank :
Introduction is not necessary in which of the following cases :
Which of the following is applicable to Bankers lien?
A cheque presented after three months is called ........
In the case of safe custody of valuables the banker - customer relationship is :
The person named in the cheque to receive money is
The platform where communication technology and information technology are merged to suit core needs of banking is known as :