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Practices of Banking
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Accounts of Expenses or losses and Incomes or gains are called _______
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Accounts of assets and properties are called ________
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An account which represents a person is termed as ________
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Accounts of firms and companies are called ________
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Accounts of Human being is __________
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All accounts other than personal accounts are called ________
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An account is in the name of a person, firm or company is called _______
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A device used to record the effects on assets, liability and capital is called ________
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________ is a summarized record of a Transaction
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Accounting Equation is also called ________
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Capital is also called ________
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The capital is increased by profit or decreased by Loss is called _______
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The amount introduced by owners to the business is called _________
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The excess of assets over liabilities are called __________
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Assets whose value is reduced completely by use are called __________
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Discount on issue of share is a _________ expenditure
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Assets incurred by an expense or loss is termed as _________
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Asset having physical existence are called _______
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Goodwill is an Intangible Asset which is also a ________
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Current Assets are also called _______
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Assets which are changed over a period of one year are termed as _______
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Assets for short period is termed as _________
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Assets for prolonged use are __________
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The liability of the firm to outsides is called ___________
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The liability of the firm to its owners is called _________
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Liability is also called ___________
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The amounts or debts owing by the business is called ___________
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Assets are also called _________
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The giving element in a transaction is called ___________
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The receiving element in a transaction is called _________
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_________ is one to whom money is owed
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__________ is one who owes money or something of value to another
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When the payment or receipt is postponed to a future date, it is called ________
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Checking of the accounts and posting to subsidiary books and other ledgers is called :
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Depreciation on Live stock is calculated under ............ method.
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Specific Reserve is created by :
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An item of Revenue Expenditure is posted to Personal Account. What kind of error is this?
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........... expenditure will never be a loss to the :
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Misappropriation of ......... is known as lapping.
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............... Voucher is produced when the original voucher is missing
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Checking the transfer of balance from the Ledger to the Trial Balance comes under the face of ............. in Auditing.
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The term “Due to" in Audit denotes ?
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Profit made from sale of Fixed assets should be kept as :
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In one of the following case insurance is not arranged by the bank :
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Introduction is not necessary in which of the following cases :
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Which of the following is applicable to Bankers lien?
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A cheque presented after three months is called ........
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In the case of safe custody of valuables the banker - customer relationship is :
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The person named in the cheque to receive money is
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The platform where communication technology and information technology are merged to suit core needs of banking is known as :
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