The first HSC examination for the new English Standard Stage 6 syllabus will be held in 2019. Q.2 Give the word term or phrase which can substitute each of the following statements:Ģ) Amount invested in business by the proprietor.Ħ) A person whose assets are sufficient enough to meet business obligations.ħ) Art and science of recording business transactions.Ĩ) Property of any description owned by Proprietor.ĩ) Assets which remain in the business for only for short time and can be converted into cash very easily. Paper 5/10 - Practice for your Trials and the HSC with 10 full-length practice HSC English Advanced and Standard Paper 1 exams, prepared by the team at Premier Tutors.
withdrawn from the business by the owner forĪns ) goodwill means the aggregate of those intangible attributes of a business which contributes to its superior earning capacity over a normal return on investments. More Price List for book keeping and accountancy text book standard xi class 11 all medium maharashtra state board Features of Book-Keeping and Accountancy. They make sure the reference books for Arts, Science, and Commerce students of std 11 include pointers and additional questions that will help students prepare for concept-based questions and solve complex problems with ease.Ans)Book keeping is science and art of correctly recording in the books of accounts, all those business transactions that results in transfer of money or money's worth.Īns) The term goods refers to merchandise, commodities, articles or thing in which a trader trades.Īns) The total amount invested into the business by the owner is called capital.Įxcess of assets over the liabilities is known as capitalĪns) The amount of cash or value of goods, assets, etc. LoginAsk is here to help you access 12th Accountancy Book Back Answers quickly and handle each specific case you encounter. The table contains PDFs of all subjects under the Commerce stream. From the following transactions prepare necessary Ledger Accounts in the Books of Vinay and balance the same.
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