________ of partner will be paid off, before the settlement of partner’s capital.

Capital at the end - net profit + drawings = 

Introduction of a new partner due to _________

The excess amount paid over the called up value of a share is known as _____________

Which ratio is considered as safe margin of solvency?

If both items in a ratio are from balance sheet, it is classified as___________

_________ are used for recording both cash and credit purchases of goods.

In 2009, Tally Solutions introduced the software ___________

_______________ analysis helps in assessing the liquidity and solvency of a business concern.

Financial statements are prepared based on _____________

The capital of companies is divided into small units called __________

__________ can be formed only for a legal business.

The profit or loss arising from the partnership business is shared by the partners in the ___________

Revaluation account is also called

The total assets of a proprietor are Rs. 5,00,000. His liabilities Rs. 3,50,000. Then his capital in the business is ____________

Goodwill is shown under fixed assets in the ___________

The firm is reconstituted and other partners continue the partnership firm with a new __________

Income and Expenditure account is based on _________