The maintenance of accounts in a systematic way is called__________?

Related Mcqs:

Double entry means______________?

A. Entry in two sets of books B. Entry at two ends C. Entry at two dates D. Entry for two aspects of the transaction...

Discount received is a/an:

A. Asset B. Expense C. Liability D. Revenue...

The concession received on the price of defective goods is called:

A. Discount B. Cash discount C. Allowance D. Trading discount...

In support of business transaction, any written evidence is called ___________?

A. Discount B. Voucher C. Allowance D. Price...

Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of____________?

A. Error of principle B. Error of commission C. Error of omission D. Error of duplication...