Drawings account is related to:
Which of the following is related to nominal account?
Goodwill account is related to:
According to the going concern concept, a business entity is assumed to have:
Contingent liability is shown in the balance sheet because of:
Revenue is considered as being earned when:
Accounting does not record non-financial transactions because of:
According to which of the following concepts even the owner of the business who provides capital treated as a creditor of the business?
In book-keeping posting means:
The basic rule of book-keeping, debit the receiver and credit the giver is applicable to:
Goods of the value of ` 1500 taken by the proprietor for his personal use should be debited to:
Goods destroyed by fire should be credited to:
The credit balance of bank account indicates:
Which of the following accounts will invariably have a debit balance?
Which of the following accounts will invariably have a credit balance?
Which of the following accounts have only credit balance?
Which of the following accounts may have a debit or credit balance?
Which of the following books should be used to record purchase of furniture on credit?
