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Which of the following errors will affect the agreement of the trial balance?
The financial statement which is an expression of the accounting equation is the
When a fixed asset is disposed off, the accounting entries to write off the asset are Debit
Debts that a firm is unable to recover are debited to bad debts account and credited to
A loan to a company under the company’s seal is
Assets which are readily convertible into cash are termed as
The transfer of money from one sub-head to another in the public sector is
In the purchase of a business, a buyer has paid more than the value of the net assets of the business. The excess payment is referred to as
Which of the following expenses is apportioned between departments based on sales?
The total of the discounts received column in the three column cash book is?
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