Any written evidence in support of a business transaction is called

Related MCQs

• Small items like, pencils, pens, files, etc. are written off within a year according to _____ concept.
• The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept.
• Fixed assets are held by business for _____.
• Business enterprise is separate from its owner according to _____ concept.
• All those to whom business owes money are:
• Bookkeeping is a/an……………………of correctly recording of business transition.
• Long term assets having no physical existence but, possessing a value are called
• The system of recording based on dual aspect concept is called:
• The transferring of debit and credit items from journal to the respective accounts in the ledger is called as