Under statement of affairs method which is also termed as .

Related MCQs

• The branches which are totally dependent on head office are also termed as Agency Branches.
• Under single entry system the profit and loss can be found out and also it’s comparison will be available.
• When the concept of ratio is defined in respect to the item shown in the financial statements, it is termed as
• Accounting Standards are beneficial not only to the business enterprises but also to the………….. as well.
• AS …………….also focuses on profit sharing and bonus plan.
• A 25 focuses on change in accounting policies also.
• Return on properties funds is also known as.
• Liquid Ratio is also known as 2:1 ratio.
• Return on equity is also called
• Turnover ratio is also known as .