Depreciation — Account STD 11 Commerce — Question

Payee of a bill can get the amount of it before its due date by getting it ____________.

When a bill of exchange is not paid on its due date, it is called ____________.

For cash deposited into bank, _____________ A/c will be debited and _____________ A/c will be credited.

Recognition of cost in the same period as associated revenues is called ............. concept.

Cash received from Surender as rent will be credited to ___________ A/c.

The persons to whom money is owing by the firm are termed as _______.

Journal is a book of _________.

For goods returned by customer __________ A/c is debited.

Rule of ___________ A/c is “debit what comes in and credit what goes out".

If acceptance received from Shakshi was endorsed by us to Ruchika then on its dishonour it will be credited in our books to the account of ____________.