Accountancy XI
Description: Free Online Accountancy Class XI Test Preparation and Practice Materials | |
Number of Questions: 26 | |
Created by: Rekha Rai | |
Tags: Accountancy Accountancy Class XI Accounts Material |
The debts owing to others by the business is known as
The main aim to start a new business is
A written documents in support of a transaction is called
Asset minus liabilities is
Branches of Accounting is
Purchase of Rawmaterials is an example to
Purchase return means goods return to supplier due to
Income is the differnt between revenue and -----------
A person who owns a business is called
Every Business Transactions having
Double Entry system was introduced by
Accounts is classified into
Accounting cycles Starts from
Book keeping is the science and art says by
Murali A/C is an Example for
Capital is 60000 asset is 100000 then liability is ?
---------- Establishes the relationship between the items of the profit &Loss account and the Balance sheet
Goodwill as an Example of
Business Transaction maybe Classified into
Which column is not provided in journal
----------- is a data wise record of all transactions
-------------- is a summary of relevant business Tractions
In your book Goods sold to Srinivasanshould be debited into
Real Account is always Shows
Ledger is also called as
The Accounting Equation connected with