Nature of Accou...

Journal is a book of __________.

DEBIT signifies _________________.

Journal and subsidiary books in which transactions and events are first recorded are known as _____________.

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

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.

What will be journal entry when cash is withdrawn from bank for personal use?

If wages are paid for construction of business premises,_______A/c is credited and ____ A/c is debited.

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

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 ______________.