Advance Accounting and Auditing

Cross Cheque

Bank Draft

Pay order

Cash Basis

Partnership only

Proprietorship only

Corporation only

None of these

Summarizing

Classifying

Recording

None of these

Worksheet and Balance sheet worksheet

Worksheet and profit and loss account

Combination results of profits and financial position

None of these

To provide better services to the community

To sell the goods at competitive prices

To reap profit by eliminating competition

To increase sales

Operating profit x 100 Equity

Net profit x 100 paid Capital only

Both A and B

None of these

Personal account

Nominal account

Real account

Assets account

Registrar of firms

Registrar of companies

Registrar of societies

Registrar of clubs

Retained earning

Long term debts

Issue of fresh capital

Current liabilities

Are closed at the end of the period

Appear in the adjusted trial balance

Appear in the trial balance columns

None of these