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State any one limitation of Analysis of Financial Statement.
Concept: Concept of Financial Statement Analysis
State any one limitation of Analysis of Financial Statement.
Concept: Concept of Financial Statement Analysis
Death is a compulsory ______.
Concept: Reconstitution of Partnership (Death of Partner)
The Indian Partnership Act is in force since ______.
Concept: Provision of the Indian Partnership Act 1932
Write the word/phrase/term, which can substitute the following sentence.
Donation received for a specific purpose.
Concept: Income and Expenditure Account
In case of dissolution assets and liabilities are transferred to ______ A/c.
Concept: Dissolution of Partnership Firm
Decrease in the value of assets should be ______ to Profit and Loss Adjustment Account.
Concept: Transfer of Reserve Fund Or General Reserve/Accumulated Profit Or Loss
In case of dissolution assets and liabilities are transferred to ______ A/c.
Concept: Dissolution of Partnership Firm
Give one word/term/phrase for the following statement.
An asset which can be converted into cash immediately.
Concept: Concept of Financial Statement Analysis
Give one word/term/phrase for the following statement.
An asset which can be converted into cash immediately.
Concept: Concept of Financial Statement Analysis
Give comparison between Manual Accounting Process and Computerized Accounting Process.
Concept: Computerized Accounting System (Cas)
Explain the features of Computerised Accounting System.
Concept: Computerized Accounting System (Cas)
what is trial balance ?
Concept: Meaning and Definitions of Partnership and Partnership Deed
To find out Net Profit or Net Loss of the business __________ account is prepared.
Concept: Partnership Final Accounts
Find odd one.
Concept: Partnership Final Accounts
Cash receipts which are recurring in nature are called as__________ Receipts.
Concept: Partnership Final Accounts
Trading Account is prepared on the basis of ______ expenses.
Concept: Partnership Final Accounts
Concept: Adjustments - Unrecorded Purchases and Sales
Closing stock is always valued at market price.
Concept: Effects of Adjustments-Closing Stock
State whether the following statement is True or False with reasons.
Not for Profit Concerns do not have profit motive.
Concept: Accounts of “Not for Profit” Concerns
