| Q. |
The amount invested by the proprietor to start the business is called:
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| Q. |
Obligation of the Business are known as___________?
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| Q. |
Discount received is a/an:
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| Q. |
Double entry means______________?
A.
Entry in two sets of books
D.
Entry for two aspects of the transaction
Answer :
Entry for two aspects of the transaction
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| Q. |
The person to whom goods are sold on credit is called___________?
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| Q. |
Modern system of book keeping is called______________?
Answer :
Double entry system
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| Q. |
Goods Return by the customer are termed as :
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| Q. |
The maintenance of accounts in a systematic way is called__________?
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| Q. |
An Art of reading, classifying & Summarizing of accounts in a systematic way is called__________?
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| Q. |
A systematic way to maintain the books of accounts is called_________?
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