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Question 1 of 15

Accounting equation is based on: 





Which financial statement is made on a particular day?





Parties to a Promissory note are:





A Bill of Exchange cannot be





The Bill Recievable Book is a part of





GAAP stand for:





Every transaction has two aspects according to:





Providing for all the losses is according to:





According to Going Concern concept, a business is viewed as having?





Historical cost concept mainly deals with?





Debit means





Credit means





Asset is a?





Example of real account is?





Goodwill is a?