1.
A person who owes money to a firm against goods sold is called a:
1 out of 10
3.
Which of the following is not a long-term liability?
3 out of 10
4.
Sundry Creditors Account is a:
4 out of 10
5.
Due to which Concept qualitative transactions are not recorded in the books:
5 out of 10
6.
According to the Accrual Concept:
6 out of 10
8.
According to the Convention of Consistency:
8 out of 10
9.
According to which Concept even the proprietor of the business is treated as a creditor of the business:
9 out of 10
10.
According to which of the following concepts, in determining the net income from business, all costs which are applicable to the revenue of the period should be charged against that revenue?
10 out of 10