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Describe the purpose of a sales book.

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Important Questions on Recording of Transactions-II

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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is the law of variable proportions?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What does it mean to issue debentures at a discount and redeemable at a premium?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
Explain the role of vouchers in accounting.
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
Which of the following is an example of a financial objective of management?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
Explain the concepts of the short run and the long run.
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What does a bearer debenture mean?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is the law of diminishing marginal product?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
How does a purchases return book differ from a purchases book?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What does ‘Issue of debentures for consideration other than cash’ mean?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What are the types of special purpose books in accounting?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
Explain the relationship between the marginal products and the total product of an input.
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
State the meaning of principles of management.
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is the meaning of ‘Debentures issued as a collateral security’?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is informal communication?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is the function of a purchases book in accounting?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is meant by a debenture?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What is a journal proper, and what type of transactions are recorded in it?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
Explain the concept of a sales return book.
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
What are the primary features of special journals?
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Accountancy>Financial Accounting-I>Recording of Transactions-II>Subsidiary Books
Which style of leadership does not believe in use of power unless it is absolutely essential?