One who owes money to a business is called ?

Mr Babul a merchant bought goods worth Rs 10000 on credit from Mr Chandu. From the point o view of the business of Mr Babul, Mr Chandu is a ........................

What is the purpose of including narration?

Wages account is an example for .........................

While journalizing the transaction- goods bought for cash from Jos , name the account to be debited

While journalizing the transaction- goods worth Rs 5000 bought on credit from Jos , name the account to be debited

While journalizing the transaction- goods worth Rs 5000 bought for cash from Jos , name the account to be credited

While journalizing the transaction- wages paid to Ramu Rs 500, the account to be debited is ........

Interest on deposit credited directly to bank account. Name the account to be debited in this transaction while journalizing it.

Furniture worth Rs 30000, bought and issued a cheque for Rs 30000. What kind of transaction is it?

Babu a customer bought goods for Rs 100 and deposited the amount directly to the bank account. Name the account to be debited in this transaction.

Mohan the proprietor withdrew money from the bank account of business for his personal use. Name the account to be debited here.

Maya the proprietor withdrew money from the bank account of business for his personal use. Name the account to be credited here.

Land a/c Is a kind of ........................a/c .

The process of transferring transactions from journal to ledger is called ...................

The total of Cash a/c has 2000 more on its credit side than the debit side before balancing , If so it said to have a ...................balance

Separate entity concept states that a business is different from the business man who owns the business. Say "true" or "false".

The process of ascertaining the debit side total and credit side total of an account and entering the difference if any on that side where the total is less is called...…

Paid rent through cheque. Name the account to be credited .