In every business transaction at least ______parties are involved
A) Two
B) Three
C) Fou
Correct Answer:
Verified
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
Q48: The policy of anticipate no profit and
Q50: Accounts receivable normally has _ balance
A)Credit
B)Debit
C)Negativ
Q51: Financial statements are the part of _
A)Book-
Q52: Bank account is a _
A)Personal accounting
B)Real account
C)Nominal
Q53: Cost of goods old can be calculated
Q54: Capital expenditure are recorded in the _
A)Balance
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