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Match the Following Pairs: - Book Keeping and Accountancy

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Question

Match the following pairs:

Group ‘A’ Group ‘B’
(a) Partnership Deed (1) Central Processing Unit
(b) Excess of assets over liabilities (2) Purchase price plus installation charges
(c) CPU (3) Written agreement
(d) Co-venturer (4) Purchase price less Scrap Value
(e) Cost of fixed assets (5) Capital
    (6) Partner in joint venture
    (7) Oral agreement
    (8) Liabilities
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Solution

Group ‘A’ Group ‘B’
(a) Partnership Deed (3) Written agreement
(b) Excess of assets over liabilities (5) Capital
(c) CPU (1) Central Processing Unit
(d) Co-venturer (6) Partner in joint venture
(e) Cost of fixed assets (2) Purchase price plus installation charges
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2012-2013 (March)

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