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No matter in which class you study, these 3 questions will always follow you :
1) What to produce?
2) How to produce?
3) For whom to produce?
1) What to produce?
2) How to produce?
3) For whom to produce?
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Class 11th : Mene Commerce leli
Class 12th : Commerce meri leri hai
L.H.S = R.H.S
Hence Balance Sheet doesn't match 😪
Class 12th : Commerce meri leri hai
L.H.S = R.H.S
Hence Balance Sheet doesn't match 😪
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Sale of goods to Ramesh for cash is debited to
Anonymous Quiz
30%
Sales A/c
29%
Ramesh
39%
Cash A/c
2%
Stock A/c
Recording of transaction in a Journal is called
Anonymous Quiz
20%
Posting
74%
Journalising
5%
Transfer
0%
Ruling
Out of the following assets, which one is not an intangible asset?
Anonymous Quiz
11%
Patents
11%
Trademark
22%
Goodwill
56%
Investment
Every successful organization gets success by following a systematic procedure. This procedure is called _____
Anonymous Quiz
21%
Coordination
7%
Controlling
52%
Management
20%
Planning
From the options below, decision-making is the part of which one?
Anonymous Quiz
12%
Organizing
67%
Planning
6%
Staffing
15%
Directing
The art of recording all business transactions in a systematic manner in a set of books is called ____
Anonymous Quiz
39%
Accounting
45%
Bookkeeping
9%
Ledger
6%
Accountancy
Which of the following is not a business transaction?
Anonymous Quiz
7%
Bought furniture for Rs 10,000 for business
5%
Paid for salaries of employees Rs 12,000
30%
Paid son's fees from the business Rs 2000
58%
Paid son's fees from his personal bank account Rs 8000