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Q. A is drawing Rs. 500 regularly on the 16th of every month, he will have to pay interest in a year on Rs. 6000 for the total period of @ given rate of interest):

Q. The members of partnership firm are individually called as:

Q. As per accrual concept, which of the followings is not true

Q. If the Market value of closing Inventory is less than its cost price, inventory will he shown at ____

Q. The accounting procedure at the retirement of partner is valued:

Q. Forfeited shares to become ________

Q. The comparison of financial statement of one year with that of another is possible only when _______ concept is followed

Q. For the firm interest on drawing is:

Q. _______ is root cause for financial accounting

Q. Cash a/c is a ______