Basics of Accounting 1). Festival advance to employee is ————-. ? Answer :: Prepaid expense 2). Cost incurred on dismantling a…
add commentAccounting Basics 1) The trial balance is ———–. Answer :: The list of the balances of all active accounts…
add commentAccounting Basics 1) Balance Sheet shows ————— of the firm. Answer :: Financial Position 2) Trading, Profit and Loss…
add commentAccounting Basics 1) The golden rule for the Nominal account is ————–. Answer :: Debit all expense and losses &…
add comment1.Which of the following is a correctstatement ?a) Normally no interest is paid on current deposit accounts,b) Interest is paid…
add comment01.The loan given by a bank to a person to purchase house is called____?a) project Financeb) Business Loanc) Credit Loand)…
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