Business transactions and source document - class-XI
| Description: business transactions and source document | |
| Number of Questions: 19 | |
| Created by: Tanya Dwivedi | |
| Tags: books of prime entry accountancy origin of transactions - source documents and preparation of vouchers recording of transactions - i accounting and its terminology elements of accounts recording of business transactions |
New issue market is an integral part of the _________.
Which of the following is NOT a characteristic of perfect competition?
What is time of supply of goods liable to tax under reverse charge mechanism?
Financial security issued by banks operating outside U.S is classified as ______________.
_________ is the arrangement of furniture and equipment with the available floor space.
Goodwill, Copyright and Trademarks should be classified as ___________.
When marginal is negative, it must be true that _______________.
An increase in marginal cost of capital and capital rationing are two arising complications of _____________.
Under sales on return or approval basis (when transactions are few), the seller sends goods by treating these as ________________.
How is the date of receipt of consideration by the supplier determined?
An outstanding bonds are also classified as _______________.
A risk which is classified as its contribution to risk of portfolio is classified as __________.
The Reserve Bank of India has decided to help banks, as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF?
Source document are useful to record business transactions in the books of accounts.
Cash memo is used for credit purchase/sale.
Trade discount allowed on the sales, if appearing in the trial balance, is shown in the final accounts ____________.
When does a entry termed as a combined entry ____________________.
Port Trust dues are payable by _________________.
Import procedure begins with _____________.