LikhoPadho

1. Cash in hand, cash at bank and investment that can be converted into cash quickly are called ____________. 

2.  It is prepared generally at the end of the accounting year. 

3.  In Balance sheet both sides (assets and liabilities) are equal in total. 

4. Trade creditors, bills payable, outstanding expenses, bank overdraft are included in _________. 

5. Long term investments are treated as ____________. 

6. Which represents the first stage of final accounts of a trading organisation. 

7. Interset, Dividend, Rent, Premium received are recorded on the ___________ side of the _____________. 

8.  ___________ is the first item on the debit side of the Trading Account. 

9.  Charity, License Fee, Depreciation on Assets is included in ___________.

10. In case, the total of the debit side is greater than the total of the credit side, the difference represents ___________ in the Profit & Loss A/c.