Account

3. , The Sales Book is a part of
5. Unrecorded assets or liabilities are transferred to
9. , Capital in the beginning of a firm is known as?
10. Money withdrawn from a business by its owner is known as
12. Goodwill brought by the incoming partner is distributed among the old partner in their
13. , A minor partner has _____ liability
15. , What type of asset goodwill is?
16. Rent received is a ____ receipt
17. According to Accounting Standard-26, what type of goodwill is recognised?
19. , On the retirement of a partner goodwill will be credited to the capital account of

1. Which capital account with balances always show a credit balance
2. , 5 in the absence of partnership deed, interest on ________ is charged from partners
4. , Interest on partners Capital account is
6. If the new partner bring his share of goodwill in cash it will be shared by old partner in
7. , One of the reasons a firm is reconstituted is)
8. partnership is a _______ business identity from accounting viewpoint
11. Liability of a partner is
14. Product method is used for calculation of
18. The excess of actual/average profit over normal profit is known as?