Principles of Accounting

Identification of the documentary evidence supporting the transaction

Verification of the document supporting the transaction

Authentication of document supporting the transaction

Verification of the accuracy and authenticity of the transaction

money

purpose

characteristics

none of the above

Trial balance

T-account

Ledger

Journal

Cash transaction

Credit transaction

Non-monetary transaction

None of the above

An increase

A decrease

Left

Right

A sole trader is liable to pay income tax on his/her earnings

Sole traders must have to prepare books of accounts by law

Sole traders must register the name of their business with the Registrar of Companies

All of the given options

cash is collected

sales in made

products are manufactured

none of the above

An event

A transaction

A transaction as well as an event.

Neither a transaction nor an event.

Single entry accounting

Dual entry accounting

Compound entry accounting

Debit/Credit accounting

Cash transaction

Credit transaction

Non-monetary transaction

All of the above