Accounting

Q1. Modern system of book keeping is called______________?

Q2. Goods Return by the customer are termed as :

Q3. The maintenance of accounts in a systematic way is called__________?

Q4. An Art of reading, classifying & Summarizing of accounts in a systematic way is called__________?

Q5. A systematic way to maintain the books of accounts is called_________?

Q6. The amount invested by the proprietor to start the business is called:

Q7. Obligation of the Business are known as___________?

Q8. Discount received is a/an:

Q9. Double entry means______________?

Q10. The person to whom goods are sold on credit is called___________?