Introduction to...

The process of grouping transactions or entries of the same type at one place is known as _____________.

_____________ is a deduction from the list or catalogue price allowed by the wholesalers to the retailers for various reasons.

Which of the following is/are attribute/s of accounting?

Accounting is :
1. An art
2. A science
Select the correct answer from the options given below ___________.

Systematically writing down the transactions and events in account books soon after their occurrence is known as _________.

Accounting involves -
(I) Recording
(II) Classifying
(III) Summarizing
Select the correct answer from the options given below.

Which of the following is/are not the branch of accounting?

Which of the following is the branch of accounting?
(I) Human Resources Accounting
(II) Social Accounting
(III) Security Accounting
The correct answer is-

Regulatory Agencies interested as users of accounting information includes __________.

Which of the following is/are characteristics of accounting information?