A. large storage capacity B. ver fast C. highly accurate D. highly diligent Correct Answer: Option C C. highly accurate
A. purchases returns B. sales returns C. goods on sales or return D. goods in transit Correct Answer: Option B…
A. materials available B. production C. sales D. materials used Correct Answer: Option B B. production
A. increase in net profit B. decrease in gross profit C. decrease in net profit D. increase in gross profit…
A. trading account B. profit and loss account C. current account D. appropriation account Correct Answer: Option D D. appropriation…
A. business entity B. realization C. going concern D. dual-aspect Correct Answer: Option A A. business entity
A. indicate source of cash received B. categorize petty cash payment C. separate cash and bank balance D. analyze amounts…
A. credit sales B. sales returns C. hire purchase D. cash sales Correct Answer: Option A A. credit sales
A. assets = capital + liabilities B. capital = assets + liabilities C. liabilities = assets + capital D. assets…
A. tons of merchandise B. units of goods C. units of shares D. bundles of wares Correct Answer: Option C…