Home MCQs Principles of Accounting Page 2

Principles of Accounting

The maintenance of accounts in a systematic way is called__________?
Accounting Mcqs

The maintenance of accounts in a systematic way is called__________?

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In support of business transaction, any written evidence is called ___________?
Accounting Mcqs

In support of business transaction, any written evidence is called ___________?

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Building and furniture are called ____________?
Accounting Mcqs

Building and furniture are called ____________?

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For the business, capital is ____________?
Accounting Mcqs

For the business, capital is ____________?

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When owner withdraw cash for its private use, it is called ___________?
Accounting Mcqs

When owner withdraw cash for its private use, it is called ___________?

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Assets having physical existence are called ___________?
Accounting Mcqs

Assets having physical existence are called ___________?

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Discount received is a/an:
Accounting Mcqs

Discount received is a/an:

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The assets which have some market value are called ____________?
Accounting Mcqs

The assets which have some market value are called ____________?

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Obligation of the Business are known as___________?
Accounting Mcqs

Obligation of the Business are known as___________?

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