The term _________denotes the cost of services and things used for earning revenue
A) Income
B) Expense
C) Los
Correct Answer:
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Q27: On 31st March, 2018 (`) On 31st
Q28: _ is prepared at the end of
Q29: Payment of monthly rent to land cord
Q30: _is the original form of accounting
A)Financial accounting
B)Cost
Q31: _is an example of fixed asset
A)Receivable
B)Stock
C)Land &
Q33: A person who owes money to the
Q34: A _ is a person to whom
Q35: _denote goods brought for sale.
A)Sales
B)Purchase
C)Expense
Q36: _ is an example of wasting asset
A)Mines
B)Land
C)Closing
Q37: Asset acquired for long period of time
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