Recording of Tr...

Which of the following is an item of a debtors control account?

Which of the following accounting equation is correct?

Goods worth Rs. $10,000$ were purchased by B on which the traders allowed Rs. $500$ trade discount and offer to give $5\%$ cash discount if immediate payment is made. The Purchase A/c will be debited by _________.

The Working Capital (or Net Current Assets) of a business is ___________.

Bank account is a ________.

Discount allowed is an example of ________.

Accounts recording transactions with a person or group of persons are known _____________.

Goods withdrawn by owner for personal use is an example of __________.

Income earned which is yet to be received results in _________________.

Atul purchased a car for Rs. $5,00,000$, by making a down payment of Rs. $1,00,000$ and signing a Rs. $4,00,000$ bill payable due in $60$ days. As a result of this transaction ____________________.