A___________ transaction is one where in items are exchanged for other items
A) Cash
B) Credit
C) Barte
Correct Answer:
Verified
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
Q41: _ represent the amount invested by the
Q43: _ is not a tangible asset
A)Goodwill
B)Land
C)Closing stoc
Q44: According to _ concept it is assumed
Q45: Accounting is concerned with
A)Monetary
B)Non- monetary
C)Monetary & Nonmonetar
Q46: Transaction& events not capable of being expressed
Q47: Income is measured on the basics of
A)Entity
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