Q1. Which of the following show cases strength of a business?
Q3. A firm has assets RS. .1, 00, 000 and the external liabilities of RS. .60, 000 its capital would be
Q4. Financial position of a business is ascertained on the basis of
Q5. Residual value of the asset means:
Q6. What are economic activities?
Q7. F shows
Q8. What factor could have caused the g demand to decrease?
Q9. Accounting voucher is prepared from
Q10. What is the difference between total utility and marginal utility?
Q11. Due to which Concept qualitative transactions are not recorded in the books?
Q12. The value of the asset cannot be brought down to zero ___ method
Q13. The profit or less on revaluation of assets and liabilities is transferred to the capital account of
Q14. On May 1, 2012, your checking account beginning balance was $200. On May 2, you deposited $562.62. Then, you wrote a check for $126.74 to pay for groceries on May 3. On May8, you made an online payment for $186.91 and received $0.02 in interest from your bank. What is your ending balance
Q16. Sold goods on credit effects on
Q17. Budgeting includes only the financial aspects of the plan and not any non financial aspects such as the number of physical units manufactured
Q18. Example of Intangible asset
Q19. Fill in the blank
Q20. Luca Pacioli is referred to as "The Father of Accounting and Bookkeeping". What is his nationality?
Q21. Cash is a current asset.
Q22. Creditors and banks are the example of users of accounting and there known as ___ users.
Q23. The overall purpose of accounting is to
Q25. Shareholders receive from the company :