Wages outstanding is_________.

The objectives of providing depreciation on an asset are_________.

________ are those transactions which are not recorded as per the rules of debit and credit. 

Double entry in cash book is completed when:

Which one of the following is the most popular method of preparing a trial balance.

The account which has a credit balance and is shown in the debit column of the trial balance is

Which one of the following is known as the king of all books of accounts?

A businessman purchased goods for Rs. 25, 00,000 and sold 80% of such goods during the accounting year ended 31st March 2015. The market value of the remaining goods was Rs, 4,00,000. He valued the closing inventory at cost. He violated the concept of ______.

Bank reconciliation statement is prepared by the_____________.

Evaluating the performance of different periods is possible in _______

The industrial revolution took place in _______

______________ can perform functions at much higher speed than the speed of human beings.

Today, the most commonly used word in this world is _________

____________ account is tlie second part of income statement.

At the end of the accounting year the balance in purchases returns account is closed by transferring to __________ account.

The net loss which arises in a business is an example of __________

Venkatesh purchases goods worth Rs.80,000 for the purpose of selling. This amount will be treated as _________

Depreciation on fixed asset is an example of ____________

Under which of the following methods the value of Assets may be reduced to zero?

The wear and tear of most of the fixed assets leads to ____________ of that asset.

On 1^st January, 2018, Kumar draws a bill on Ramar for 3 months, its due date is _________

When a trader sells goods on credit he prepares a ____________

_______________can be prepared either from the balance as per cash book or bank statement.

A bank statement is a copy of _______.

Debit balance in the bank column of the cash book means _______.

A bank reconciliation statement is prepared with the help of ______.

The first step is recording the business transactions in ____________.

Madhan spent Rs.2,000 as repair on purchases of machine from scrap dealer. The transaction will ____

The liabilities of a business are Rs.30,000, the Capital of the proprietor is Rs.70,000. The total assets are _____

Postage stamps purchased for 50 by the business. This transaction will be recorded in ___________

Which type of discount is not recorded in the Cash book?

_____ is a statement prepared by a trader who receives back from his customer the goods sold.

Which one of the following is representative personal account?

The incorrect accounting equation 

Cash book is a_______

Which of the following statements is not true?

The total of the sales book is posted periodically to the credit of ____  

The account which has a debit balance and is shown in the debit column of the trial balance is_______

While preparing the trial balance, the accountant finds that the total of the credit column is short by Rs.200. This difference will be

The balances of Personal and Real Accounts are shown in the ______________

If the total of the debit side of an account exceeds the total of its credit side, it means

The process of finding the net amount from the totals of debit and credit columns in a ledger is known as

J. F. means ___________

_____________ provides the relevant data to make appropriate decisions.

____________of a business have to be repaid in due time.

Which of the following does not follow dual aspect concept?

In India, Accounting Standards are issued by

The profounder of double entry system of book-keeping is ___________

Who is considered to be the internal user of the financial information?

Which one of the following is not a main objective of Accounting?