Download App

P1 C4 Joumal — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C4 Joumal1 Mark
Question
What is allowance ?
✓

Answer

At the time of settlement of account some lump sum amount is waived i.e. not taken / given This is known as allowance.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer In One Or Two Sentence .(1 Marks)" from P1 C4 Joumal→P1 C4 Joumal — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

state the types of Accounting system / methods.
→
Which $GSTS$ are applicable to inter state supply?
→
Give illustration of cash transaction of service.
→
What are rectification of errors?
→
Write the main advantages of Accounting.
→
What is secret reserve also known as?
→
Which types of transactions are recorded in the journal proper?
→
Who is the chairman of $GST$ council at present?
→
What are adjustment entries?
→
Why is journal considered as a fundamental or original book of Double Entry System?
→