1. The nature of financial accounting is:
2. Interest on drawings is:
3. Which of these items would be accounted for as an expense?
4. Debit the receiver credit the giver rule for:
5. Which of the following statements is correct in regards to tariff barrier?
1. It affects the price of imported goods.
2. It affects the quantity of imported goods.
Select the correct answer:
1. It affects the price of imported goods.
2. It affects the quantity of imported goods.
Select the correct answer:
6. Liabilities in balance sheet include the following items:
7. P & L a/c is prepared for a period of one year by following:
8. The word accounting can be classified into:
9. The basic sequence in the accounting process can best be described as:
10. Book-keeping is mainly concerned with:
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