(A) (B) (C) (D)
Answer: answer will be update as soon as possible
(A) Buyer (x) (B) Seller (x) (C) Debtor (✔) (D) Creditor (x)
Answer:The person to whom goods are sold on credit is called Debtor
(A) Purchase return (x) (B) Customer return (x) (C) Sales return (✔) (D) Inventory return (x)
Answer:Goods Return by the customer are termed as Sales return
(A) Accounting (x) (B) Reading (x) (C) Book Keeping (✔) (D) Auditing (x)
Answer:The maintenance of accounts in a systematic way is called Book Keeping
(A) Accounting (✔) (B) Accountancy (x) (C) Auditing (x) (D) Book Keeping (x)
Answer:An Art of reading, classifying & Summarizing of accounts in a systematic way is called Accounting
(A) Accountancy (x) (B) Economics (x) (C) Book Keeping (✔) (D) Auditing (x)
Answer:A systematic way to maintain the books of accounts is called Book Keeping
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