Across
- 4. When a cheque is not paid by the bank, it is called ________.
- 8. On dissolution if a partner undertakes to make payment of liability of the firm the account to be debited is__________
- 12. Investment is a ______ account
- 13. The originator of the double entry system, Lucas Pacioli was resident of _____
- 14. The difference between subscribed capital and called up capital is _________ capital
- 15. When bad position of the business is tried to be depicted as good, it is known as ________
Down
- 1. Allocating the cost of a long-lived asset to expense over its useful life is known as _____________.
- 2. Sales minus the cost of goods sold is the __________ profit.
- 3. The best indicator of the overall efficiency of the business concern is ________ ratio.
- 5. sales income (Credit and Cash) of a business during a given period is called _________
- 6. Common size income statement is prepared in the form of ___________
- 7. The long term assets that have no physical existence but are rights that have value is known as _______ assets
- 9. The ………………… of a business firm is measured by its ability to satisfy its short term obligations as they become due
- 10. Profit prior to incorporation is transferred to ___________
- 11. In which ratio the goodwill of the deceased partner will be debited in remaining partners capital account.