Accounting Quiz 02

The excess of current assets over current liabilities is called:

Cash discount is provided on _______________?

Building and furniture are called ____________?

Goods return to customer are known as:

Reduction in price is called:

When goods, in which business deals are sold, it is called___________?

Sales return is also known as____________?

In support of business transaction, any written evidence is called ___________?

Cash brought by the owner to start business is called__________?

The concession received on the price of defective goods is called:

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