Introduction to Accounting — Accountancy STD 11 — Question

While preparing the trial balance, the accountant finds that the total of the credit column is short by ₹ 200. This difference will be ………………

………………. is also known as residual value.

All cash transactions are straightway recorded in the …………….

……………… requires analytical skill.

The errors that make up for each other or neutralise each other are known as ………………

According to ……………… concept, every transaction or event has two aspects i.e.,’dual effect.

The account which has a debit balance and is shown in the debit column of the trial balance is ………………

The word ……………. means payment in advance.

……………… is the primary stage in accounting.

A statement showing the balances of assets and liabilities is called as ……………….