Advertisements
Advertisements
Question
Give the word term or phrase which can substitute the following statement:
Exchange between two persons.
Solution
Exchange between two persons. - Transaction
APPEARS IN
RELATED QUESTIONS
Answer in One Sentence:
What is meant by Goods?
Answer in One Sentence:
What is Goodwill?
Give the word term or phrase which can substitute the following statement:
A person to whom amount is payable.
Give the word term or phrase which can substitute the following statement:
Excess of expenses over income.
Give the word term or phrase which can substitute the following statement:
A person whose assets are sufficient enough to meet business obligations.
Give the word term or phrase which can substitute the following statement:
Property of any description owned by Proprietor.
Select the most appropriate alternative from the given below and rewrite the statement.
Amount which is not recoverable from customer is known as ______________.
Select the most appropriate alternative from the given below and rewrite the statement.
_________ means a reputation of a business valued in terms of money.
Select the most appropriate alternative from the given below and rewrite the statement.
An act of exchange of things or services between the two parties is termed as______.
State whether the following statement is true or false with reasons:
Solvent person is a person whose assets are more than his liabilities.
Do you agree or disagree with the following statements :
In Book-keeping and Accountancy, only non-monetary transactions are recorded.
Complete the following sentence:
An expenditure which is basically revenue in nature but benefit of which is not exhausted within one year is called as ____________
Complete the following sentence:
A person to whom business owes money for the goods or services is known as ____________
Do you agree or disagree with the following statement:
The Assets which give long-term benefit to the business are Fixed Assets.
Answer in One Sentence:
What is meant by Goods?
Answer in one sentence:
What is meant by Goods?
Answer in One Sentence:
What is meant by Goods?
What is meant by Goods?
What is meant by Goods?
Answer in one sentence.
What is meant by Goods?
Answer in One Sentence:
What is meant by Goods?
Answer in One Sentence:
What is meant by Goods?
Answer in One Sentence:
What is meant by Goods?