Small items like, pencils, pens, files, etc. are written off within a year according to _ concept
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Value of goods withdrawn by the proprietor for his personal use should be credited to
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If wages are paid for construction of business premises.......A/c is credited and........A/c is debited
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A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed by him?
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Sales made to Mahesh for cash should be debited to
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Profit and loss is calculated at the stage of
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A trader calculated his profit as Rs.150000 on 31/03/2014. It is an
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Debit the receiver & credit the giver is........ account
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M/s Stationery Mart will debit the purchase of stationery to
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Which of the following is not a Real Account?
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Human resources will not appear in the balance sheet according to ______concept
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If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by
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