Trial Balance is a:

Who can open crossed cheque?

Days of Grace is generally allowed in the case of:

All business transactions are firstly recorded in the :

Medium term loans are given for a period of:

NPA means:

Liability of a Sole trader is:

Limited Liability means that the liability of the members are :

When the original voucher is lost the institution may produce copy of the same. This is called as

Internal Check is ............

The object of showing more profit than the actual one is

Transactions from the day book is posted to a ledger called _________

Example for Contingent Liability is..............

Reserve for doubtful debts is

The summary of defects is prepared in ________ parts.

The Trading Account is prepared to ascertain the ____________

Zero balance account is introduced in banks to ...................

A Demand Draft is valid for a period of :

The certificate issued by the Notary public on behalf of a dishonoured bill is known as..............

An endorsement is valid only if it is a :

A banker is bound to honour customers cheque if it is presented with is :

The term depletion is related with ........... Assets.

Capital expenditure incurred when ............

When cheque deposited into bank, dishonoured, the account debited is

Indirect (Material+Labour+Expense) is called

In a Co-operative balance sheet _________ appears liability side :

............. is a capital profit.

........ is a name sake assets.

The account which increased by a debit entry :

Based on ........... concept non-financial transactions are not recorded in account.

The document which contains the terms and conditions of partnership is :

First column in the petty cash book :

The source document for the purchase returns:

Cost of services and things used for earning revenue.

Purchase of furniture is debited to purchases a/c. It ........ the agreement of Trial Balance.

The uncalled portion of share capital set apart to be called only at the time of liquidation

Depreciation due to change in technology or change in fashion

Excess of credit over debit in the Income and Expenditure account is

Expenses incurred for the installation of machinery is debited to

The relationship between consignor and consignee is

Percentage of Depeciation to building

The Reserve Fund is appropriated from

The system in which customers could withdraw from their bank balance is :

Make or buy decision is made by comparing purchase price outside with

The set of exclusive rights granted by a government to an investor or his assigee for a limited period of time in excahnge for a public disclossure of innovation

The return received on investing in the shares of a company is

The profit on depreciation policy is transferred to

The cancellation of shares at the initiative of the shareholder is termed as

Income Tax paid by a Sole Proprietor on his business income should be

State the minimum percentage of profit that has to be transferred to General Reserve by a joint Stock Company if the dividend declared is 18%