MEDIUM
BSF GD Constable
IMPORTANT
Earn 100

Current assets are also termed as _____.

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Important Questions on Co-operative Accounting

EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 23
Which assets are expressed to be realised in cash or consumed during the normal accounting cycle of the business?
MEDIUM
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 24
Accounting emerged because of the separation of _____.
EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 25
Which is the term used to express the investment made by owners in business?
EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 26
_____ is generally termed as owners equity and net worth in the business.
EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 29
Debtors are also called _____.
EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 30
_____ are persons and other entities who owe money to the business for receiving goods and services on credit.
EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 31
The goods available with the business for sale on a particular date is termed as _____.
EASY
BSF GD Constable
IMPORTANT
Junior Co-operative Inspector Comprehensive Super Rank File>Chapter 6 - Co-operative Accounting>Accounting - More Questions>Q 32
The person or entities who have a claim for money against the business for any goods or services rendered by them on credit, they are called _____.