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- When goods are taken back from or an allowance is granted to a customer, the note is known as... #311
- The statement containing various ledger balances on a particular date is known as … #312
- If the two sides of the trial balance tally, it is an indication of the fact that the books of account are … accurate #313
- Gross profit is #314
- Sales Journal records all … sale of goods #315
- Business is said to be in a profit when #316
- As per the accounting double-entry system, when expense increases, it is … #317
- What does the term “credit” mean in business? #318
- When a Liability is decreased or reduced, it is registered on the #319
- When there is an increase in capital by an amount, it is registered on the #320