FS of Sole Prop...

To Know the profitability and financial position of a business at the end of the year  _____________ are prepared.

_____  is prepared to ascertain gross profit and net profit / loss during an accounting period.

Following are the Financial statement except

The item discount received will appear on the

Computer of a firm should be classified as

Which is not an example of Capital expenditure

Revenue Expenditure means

The amount which is incurred to aquire or improve the fixed assets is known as _______________.

The expenditure whose  amount is heavy and benefit of the likely to be derived over a number of years called ____________.

Capital receipts are shown in _____