Question No : 1
Mr.Customer purchased goods from Mr.Seller on credit. This is a/an
Question No : 2
The first step of accountancy is
Question No : 3
Cash is an example of
Question No : 4
Net Realisable Value of an asset means
Question No : 5
Transfer to General Reserve is a charge against
Question No : 6
All indirect expenses are charged against
Question No : 7
The aggregate of direct material, direct labour and direct expenses is known as