Page No. 61
Calculate the amount of cash if: Total assets=$10,000 Total liabilities=$10,000 Total Capital=$5000
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Find out the value of assets if: Liabilities=$5000 and Capital=$1000
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The Basic accounting equation is___________?
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Which of the following is the closing balance of a ledger account?
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Which of the following accounts are closed at the end of an accounting period?
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Which of the following is a real account?
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___________ helps business to classify transactions according to their nature?
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Office equipments account is classified as _________ account?
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Building account is classified as _________ account?
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The real accounts are accounts of Assets, liabilities and ___________?
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