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accounts from i...

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  • Question 1
    1 / -0

    Which accounting principle is followed by single under system?

  • Question 2
    1 / -0

    Incomplete records system suitable for which type of business

  • Question 3
    1 / -0

    Two adjustments should be made to ascertain the profit

  • Question 4
    1 / -0

    If capital in the beginning is more than at the end then it will be

  • Question 5
    1 / -0

    Statement of affairs also helps in ascertaining the ___________

  • Question 6
    1 / -0

    Two method for ascertaining profit and loss in case of single entry system :

  • Question 7
    1 / -0

    What does the capital balance on assets side mean

  • Question 8
    1 / -0

    The shortage of the ______ side of the cash book represents cash sales or capital introduced or sundry income

  • Question 9
    1 / -0

    Only Real and Personal accounts are shown in ________

  • Question 10
    1 / -0

    Match the following. Options are as follows:

    a. Double entry system i. Not more records but prepared on the basis of ledger
    b. Single entry system ii. It is prepared from incomplete records
    c. Statement of affairs iii. Mostly one aspects of transactions are recorded
    d. Balance sheet iv. Both aspects of transactions are recorded

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