Introduction to...

A firm earns revenue of Rs. 14,500 and to earn this revenue the firm incurs an expense of Rs.8,500. Calculate firm’s income.

A person who receives benefit without paying money immediately but liable to pay in future within a particular period of time is known to be a.

The expenditure incurred at the time of acquiring any assets or improving the quality of any existing assets which will help in increasing the earning capacity of the business is called

Which of the following uses accounting information to take policy decisions?

Which of the following transaction is maintained in a systematic manner?

What is the first step of accounting process?

Who is not an internal user of accounting?

The branch of accounting which keeps a systematic record of financial transactions and represents the operating result of the organisation is

Accounting is an art as well as

Which one of the following is not a function of accounting?