Recording of Tr...

Debit means ________.

Making Provision for Discount on Debtors is an example of __________.

Loan from Mahesh Account is ______________.

1. The cost of stock as per physical verification as on 24th March amounted to Rs.2,00,000. Purchases as per Purchases Book after stock taking till 31st March amounted to Rs.2,00,000 and included the following:
(i) Rs.10,000 for goods received till 23rd March.
(ii) Rs.20,000 for goods received on 1st April. Sales as per Sales Book after stock taking, till 31st March amounted to Rs.2,00,000 and included the following:
(I) Rs.10,000 for goods delivered till 23rd March. (II) Rs.20,000 for goods delivered on 1st April. Goods are sold by the trader at a profit of 25% on Cost. The value of stock as per books Is ____________.

Goods costing Rs.10,000 destroyed as free sample should be credited to 

Goods destroyed by Fire is _______________.

Ledger is a book of _________.

A cash purchase of goods for proprietor's personal use should be credited to __________________.

Credit means ________.

Interest receivable from Mohan ( a Borrower) Account is -