The word ________ mean showing the account of similar nature under a particular reading.

Stock which remained unsold at the end of __________ accounting year is called opening stock.

The realizable value of the scrap is credited to the _________ A/c.

Fictitious assets are also called as ________.

Profit and loss of the firm cannot be revealed through

Investors have to review the _________ of the business to take an investment decision.

________ is a real surplus available for distribution.

Only personal and real a/cs are shown on _________.

Items of Balance sheet asset side not represented by any tangible thing but transferring them to Profit & Loss account gradually is _________.

Expenses which are incurred for bringing the goods, purchased from the place of vender to the shop or factory are called _________.