Margin is a:

Accounts under this system are NOT acceptable to tax authorities.

What is the other name of incomplete entry?

Amount received from debtors is:

Which type of systems of accounting is accepted by tax authorities?

Which account is usually prepared to find out the capital?

The system is economical as lesser number of books need to be maintained. It is the advantage of:

The number of times a business replaces its stock in a given period of time.

Trial balance is prepared to check the arithmetical accuracy. This is the feature of:

Source of information about bills payable: