CROSSWORD 2

3. It helps to reduce business risk
8. Bonus shares are issued to
11. Accounts are used in preparing a trial balance?
12. While putting the value or price of an entity in financial records the lowest price is recorded not the current price or current market value. This is known as
13. A formal arrangement by two or more parties to manage and operate a business and share its profits
16. extra money paid on a loan/the cost of borrowing
17. Harsh Kumar Bhanwala is the Chairman of?
18. Day book is also known as?
19. Discount allowed is a kind of deduction from __
20. Owner's claim on total assets is?

1. anyone with a financial interest in the business
2. It is a concept in accounting that mandates the recording of transactions in the period in which they occur
4. Recording financial transaction is part of the?
5. Interest on capital in a business can be defined as
6. Which person owes an amount to a business organization for buying goods and services on a credit basis?
7. the purchase of an interest in a company by an investor located in another company
9. A speculator who applies for new shares is
10. When are balance sheets prepared?
14. The account that increases equity is known as a?
15. Which of the following is related to the Scientific system of maintaining an account?