HSC Commerce: Marketing and Salesmanship ११ वीं कक्षा - Maharashtra State Board Question Bank Solutions

Under Single Entry System, Profit = Closing Capital Less ______.

Under Single Entry System, Profit = Closing Capital Less ______.

Under Single Entry System, Profit = Closing Capital Less ______.

Under Single Entry System, Profit = Closing Capital Less ______.

Under Single Entry System, Profit = Closing Capital Less ______.

Under Single Entry System, Profit = Closing Capital Less ______.

Under Single Entry System, Profit = Closing Capital Less ______.

Answer in One Sentence:

What is Book-keeping?

Give the word term or phrase which can substitute the following statement:

Recording of business transactions.

Give the word term or phrase which can substitute the following statement:

Amount invested in business by the proprietor.

Give the word term or phrase which can substitute the following statement:

Art and science of recording business transactions.

State whether the following statement is true or false with reasons:

Book-keeping and accounting are one and the same thing.

Do you agree or disagree with the following statements :

Book-keeping is an art, science and profession.

Answer the following question in one sentence:

What is a Cash Book?

Give word/term or phrase for the following statement:

The entry which is recorded on both sides of cash book.

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

Cash column of Cash Book can never have ______ balance.

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

Additional cash introduced in business is recorded in ______

State whether the following statement is True or False with reasons:

Cash Book records transactions relating to receipts and payments of cash.

Do you agree with the following statement:

Trade discount is recorded in Cash Book.

Do you agree with the following statement:

Cash received is entered on the debit side of Cash Book.