All those to whom business owes money are:

Related MCQs

• The rule debit all expenses and losses and credit all income and gains relates to
• Any written evidence in support of a business transaction is called
• 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.
• Bookkeeping is a/an……………………of correctly recording of business transition.