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Q. Cash a/c is a ______.

Q. Bookkeeping is a/an……………………of correctly recording of business transition.

Q. Which of the following is not a nominal Account?

Q. The assets that can be easily converted into cash within a short period, i.e., 1 year or less are known as

Q. The nature of financial accounting is:

Q. All those to whom business owes money are:

Q. As per the Matching concept, Revenue – ? = Profit

Q. The transferring of debit and credit items from journal to the respective accounts in the ledger is called as

Q. The basic sequence in the accounting process can best be described as:

Q. Debit the receiver & credit the giver is _____ account.