INTRODUCTION TO ACCOUNTING
PREPARED BY BOBAN M J ( HSST Jr COMMERCE, ST.THOMAS HSS THIROOR - THRISSUR)
1. The process of accounting starts with -------- the transactions
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2. --------- requires that the accounting information must have timeliness,dedicative,and feedback.
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3. --------- assets do not have real value, so they are written off in the future.
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4.Value of bills discounted is an example of --------
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5. Increase in the net worth of the enterprise either from business activities or other activities is termed as --------
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6. Pick out the wrong pair
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7. Mr.Varun is a furniture dealer. His closing stock of furniture is Rs 450000.It is considered as --------asset
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8. Huge advertisement expense is an example of ------
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9. Find the odd one out
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10. -------- is the branch of accounting,which deals with cost of production & its various consituents.
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