1 |
Sales return is also called |
Return inward
Return to seller
Return outward
Return inward and return to seller both
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2 |
Business debts are also called is |
Capital
Liabilities
Drawing
Assets
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3 |
The science and art of correctly recording business dealing in a set of books is called |
Book keeping
Auditing
Accounting
Recording
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4 |
Prepaid expenses are |
Expense
Liability
Asset
None of these
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5 |
Favourable bank balances means |
Credit balance of cash book
Debit balance of cash book
Debit balance of pass book
None of these
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