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#1. When a business purchases furniture for sale, it will considered as “purchases of goods”
#4. The cash available with the business is fixed asset
#5. To get the financial results, businesses uses the following process for recording, classifying and summarising all the business transactions.
#6. Right side of a ledger account is
#7. The recording of all the business transactions systematically in a set of books is an art. We call this as
#8. _________ is the legal activity performed to earn profits.
#9. The investment by the proprietor in the business, in the form of goods/cash or any other assets is known as
#10. _____________ is the document that certifies the purchase or sale or any other monetary transaction.
