Recording of Tr...

Accounting entries for the repayment of a loan received from Richard, the owner's friend is _____________________.

A ______ is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider.

The two types of cash vouchers include debit vouchers and ____________ vouchers.

The _________ is a document that a seller passes to a buyer at the time of a specific purchase of goods or services. It is the equivalent of an invoice and is only used to record transactions that are paid for using cash, rather than bank transactions.

Prepare accounting equation on the basis of the following:-

A ___________ voucher is a document which comprises of all the details of an accounting transaction.

When a liability is reduced or decreased, it is recorded on the ______________.

Payment of LIC premium of the proprietor is debited to _____________.

Details of Outward supplies shall include _______________.

Required return is 15% and premium for risk is 11% then risk free return would be _____________.