The properties and possession of a business are termed as ________
A) Asset
B) Capital
C) Liabilities
D) None of these
Correct Answer:
Verified
Q7: Under single entry system , drawings is
Q8: Receipts and payment account is a summary
Q9: Excess of income over expenditure of non
Q10: Income and expenditure account is a type
Q11: The amount of money owed by a
Q13: Prepaid expenses appearing in trial balance will
Q14: Net profit / loss is transferred to
Q15: All _ expenses are recorded in the
Q16: _ expenses are shown in the profit
Q17: Which English alphabet is similar to the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents