A. Merchandise return
B. Purchase return
C. Return inwards
D. Sales return
4
The excess of current assets over current liabilities is called:
0
When goods, in which business deals are sold, it is called___________?
A. Working Capital
B. Circulating capital
C. Fixed capital
D. Trading capital
0
Sales return is also known as____________?
A. Purchases
B. Return inward
C. Sales
D. Return outwards
0
reduction in price is called:
A. Return received
B. Return Payed
C. Return inward
D. Return outward
(more…)
0
Cash brought by the owner to start business is called__________?
A. Paid price
B. Invoice price
C. Book price
D. Discount
2
The concession received on the price of defective goods is called:
A. Capital
B. Loan
C. Drawing
D. None of these
0
In support of business transaction, any written evidence is called ___________?
A. Discount
B. Cash discount
C. Allowance
D. Trading discount
