(A)Cash Flow Statement

(B) Balance Sheet

(C) Income Statement

(D) None of the above

(A) To Provide financial information to shareholders

(B) To maintain balance sheet

(C) To minimize taxes.

(D) To keep track of liabilities

(A) Balance Sheet

(B) Cash Flow Statement

(C) Income Statement

(D) None of the above

(A) Cash memo
(B) Voucher
(C) Invoice
(D) None of these

(A) Tangible Assets
(B) Intangible Assets
(C) Quick Assets
(D) Current Assets

(A) Cash memo
(B) Invoice
(C) Voucher
(D) None of these

(A) Trade Discount
(B) Cash Discount
(C) Discount Allowed
(D) Discount Received

(A) Purchase Return
(B) Stock / Inventory
(C) Bad Debts
(D) Sales Return

(A) Merchandise
(B) Assets
(C) Stock
(D) Purchases

(A) Owner’s Equity
(B) Liabilities
(C) Equities
(D) None of these