Capital expenditure are recorded in the __________
A) Balance sheet
B) Trading account
C) Profit & loss accoun
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Q86: When salary paid by cheque ,_account is
Q87: A statement of debt & credit balance
Q88: A collection of all accounts is a
Q89: Debit is the asset means
A)Increase
B)Decrease
C)No charg
Q90: Credit in the liability means
A)Increase
B)Decrease
C)No charg
Q91: Capital always have a _balance
A)Debit
B)Credit
C)Either a or
Q92: A short description of every transaction made
Q94: Bills receivable is a _
A)Tangible asset
B)Fixed asset
C)Current
Q95: Carriage outward is debited to_
A)Trading accounting
B)Profit &
Q96: Sales return appearing in the trail balance
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