Which of the following is not an example of a fictitious asset?

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Which of the following has a debit balance at the end of the year?

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The amount by which assets exceed specific liabilities is called

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The income accruing to debenture holders is called

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The document which authorizes the Minister of Finance to release fund for government expenditure is

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A reserve is an amount

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Which of the following is used in locating errors in the ledger?

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The capital of not-for profit making organization is

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Net sales is

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Net profit is

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Gross profit is

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The cost of goods sold is

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