I.Com Part 1 Principles of Accounting Chapter 9 Final Accounts Short Question Preparation


11th Class Principles of Accounting
Chapter 9 Preparation

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Online Short Questions For Chapter 9 "ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation "

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Principles of Accounting - ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation

Question # 1

Define Creditors.

  • Ans 1: The persons from whom purchases are made on credit basic or the persons to whom money are to paid in near future is called creditors.
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Prepare Complete Set Wise Questions For Chapter 9 "ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation "

ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 1

Question # 1

Define Creditors.

  • Ans 1: The persons from whom purchases are made on credit basic or the persons to whom money are to paid in near future is called creditors.
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ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 2

Question # 1

Define outstanding assets.

  • Ans 1: Prepaid expenses and accrued incomes are called outstanding assets.
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ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 3

Question # 1

Define capital.

  • Ans 1: The amount of cash or goods invested by the owner in a business unit is known as capital.
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11th Class Principles of Accounting Chapter 9 Preparation

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