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Accounting
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Which of the following is a long term liability?

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Drawing is a type of

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Profit is a part of

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Petty cash is used for payment of

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Promissory note is prepared by

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Which reserve is not shown in the Balance sheet?

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Which liability is not included in the total of Balance Sheet?

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Revenue expenditures are recorded in the

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In case of opening Credit Balance, the word ______ are written on the credit side.

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Preliminary expenses are treated as

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A company cannot issue redeemable preference shares for a period exceeding

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The following error will affect the Trial Balance

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Income includes

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Cash Account is

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Heavy amount spent for the advertisement of new company product is

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Liability for bill discounted is a

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Interest on debentures is calculated on

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The parties to joint venture are called

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Under diminishing balance method, depreciation

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Legal expenses incurred on a suit for breach of contract to supply goods is a

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