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3. anyone with a financial interest in the business
5. extra money paid on a loan/the cost of borrowing
10. It helps to reduce business risk
12. Bonus shares are issued to
13. the purchase of an interest in a company by an investor located in another company
15. A formal arrangement by two or more parties to manage and operate a business and share its profits
19. Which person owes an amount to a business organization for buying goods and services on a credit basis?
20. 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

1. Discount allowed is a kind of deduction from __
2. Which of the following is related to the Scientific system of maintaining an account?
4. Accounts are used in preparing a trial balance?
6. Owner's claim on total assets is?
7. Recording financial transaction is part of the?
8. The account that increases equity is known as a?
9. Harsh Kumar Bhanwala is the Chairman of?
11. It is a concept in accounting that mandates the recording of transactions in the period in which they occur
14. When are balance sheets prepared?
16. A speculator who applies for new shares is
17. Interest on capital in a business can be defined as
18. Day book is also known as?