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WorksheetsBusiness Accounting
Total questions: 10
Worksheet time: 5mins
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Date

Free Printable Worksheets
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WorksheetsStatement showing assets & Liabilities
Balance Sheet
Profit & Loss A/c
Gross Profit/ Loss calculated in
Profit & Loss A/c
Trading A/c
Cash is
Fixed Asset
Current Asset
Balance Sheet has 2 sides
Debit & Credit
Liabilities & Assets
Financial Year starts from
1st January
1st April
ABC Ltd. A/c is
Nominal A/c
Personal A/c
Cash withdrew by Owner is
Profit
Drawings
Depreciation is charged on
Fixed Assets
Current Assets
Closing Stock is calculated at
Beginning of year
Ending of year
Cash Book records
Only cash transactions
Cash & Credit transactions
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