Question 1 :
Recording two fold effects of each transaction in the journal is called journalisation.

Question 4 :
Cash discount allowed to a debtor should be credited to the _________ account.

Question 6 :
According to Accounting Standard-6, depreciation is to be provided on the basis of _____________.

Question 7 :
The concept of separate entity is applicable to which of following types of business?

Question 8 :
When the effect of strike is not directly disclosed in financial statements _________ accounting system is applied.

Question 9 :
Outstanding salary of $Rs.34,000$ to be provided in the accounts will be recorded in ____________.

Question 10 :
On purchase of old furniture, the amount spent on its repair should be debited to _________.

Question 11 :
Cash sales to Shyam of Rs. 500 not recorded in the books would affect __________.

Question 12 :
Posting from the sales journal is done _________ to their respective accounts.

Question 13 :
The withdrawal of goods from the business by the  proprietor should be debited to ______________.

Question 16 :
The following are the figures relating to a trader:<table class="wysiwyg-table"><tbody><tr><td>Opening stock</td><td>$Rs. 1,00,000$</td></tr><tr><td>Closing stock</td><td>$Rs. 1,10,000$</td></tr><tr><td>Purchase</td><td>$Rs. 7,00,000$</td></tr></tbody></table>The goods are sold at a profit of $30$% on cost. The amount of sales will be_________.&#160;