___________denote goods brought for sale.
A) Sales
B) Purchase
C) Expense
Correct Answer:
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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 &
Q32: The term _denotes the cost of services
Q33: A person who owes money to the
Q34: A _ is a person to whom
Q36: _ is an example of wasting asset
A)Mines
B)Land
C)Closing
Q37: Asset acquired for long period of time
Q38: Things which are purchased by the business
Q39: _ expenditure is increased to maintain the
Q40: _ is the major source of revenue
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