_____________has rightly been termed as the language of the business.

(a)

Accounting

(b)

Book-keeping

(c)

Accountant

(d)

None of these

_____________must be properly maintained to increase their productivity.

(a)

Liabilities

(b)

Assets

(c)

Debtors

(d)

None of these

____________of a business have to be repaid in due time.

(a)

Assets

(b)

Sales

(c)

Liabilities

(d)

None of these

____________also require accounting records to submit in courts to prove their claims.

(a)

Salesmen

(b)

Owners

(c)

Producers

(d)

Businessmen

Accounting is not a modern concept and it is as old as _____________

(a)

money

(b)

goods

(c)

services

(d)

all of these