12 questions
Who among these are not External users of accounting information
1) Lenders
2) Government
3) Employees
4) Public
What is Accountancy ?
Art
Science
Art and Science both
none of these
Amount which the proprietor has invested in a business is known as ......
Capital
Liability
Asset
Expenses
identify the assets
tangible
intangible
fictitious assets
none of above
Branch of commerce which keeps a record of monetary transactions in a set of books is called
------------------------.
The person who still owes some amount to the business are termed as:
(a) Creditors
(b) Bills Payable
(c) Debtors
(d) Bills Receivable
Which is received at the time of making the payment is known as:
(a) Trade discount
(b) Rebate
(c) Cash discount
(d) None of these
Any dealing between two parties or persons which must be recorded and which can be
Measured in terms of money is called:
a) Debtors (
b) Transactions (
c) Creditors
d) Investor
A language of business is known as:
Who is the father of Accounting:
Identify this Riddle
Goodwill
Building
stock
liability
Which bank account need to open to deposit MANDATORY MONEY every Month.
saving Account
Fixed Deposit account
recurring Account
Checking Account