When goods, in which business deals are sold, it is called___________? April 20, 2025 by admin A. Purchases B. Return inward C. Sales D. Return outwardsThe correct answer to the question: "When goods,…
Sales return is also known as____________? April 20, 2025 by admin A. Return received B. Return Payed C. Return inward D. Return outward Return inwards refer to the goods returned…
reduction in price is called: April 20, 2025 by admin A. Paid price B. Invoice price C. Book price D. DiscountThe correct answer to the question: "reduction in price…
Cash brought by the owner to start business is called__________? April 20, 2025 by admin A. Capital B. Loan C. Drawing D. None of theseThe correct answer to the question: "Cash…
The concession received on the price of defective goods is called: April 20, 2025 by admin A. Discount B. Cash discount C. Allowance D. Trading discountThe correct answer to the question: "The concession…
In support of business transaction, any written evidence is called ___________? April 20, 2025 by admin A. Discount B. Voucher C. Allowance D. PriceThe correct answer to the question: "In support of…
If the beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and the completed good units are 8000 then total spoilage will be ____________? April 20, 2025 by admin A. 1200 units B. 990 units C. 1300 units D. 1000 unitsTo find the total spoilage, we need to…
The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is_________? April 20, 2025 by admin A. Depreciation B. Physical deterioration of the asset C. Decrease in market value of the asset D. Valuation of an asset at a point of time…
In March 2025, which country completed the second of eight contracted submarines for Pakistan, enhancing their military relationship? April 20, 2025 by admin A. Russia B. United States C. China D. FranceA Chinese shipyard completed the second of eight contracted…
What was the magnitude of the main earthquake that struck Myanmar and Thailand on 28th March 2025? April 20, 2025 by admin A. 6.4 B. 7.7 C. 7.0 D. 6.8A powerful earthquake killed at least 144 people across…
