1. Outstanding Salaries is shown as

2. The primary source of revenue for a wholesaler is?

3. Computers purchased for re-sale is:

4. Which of the following items is included in the adjustment of net income to obtain cash flow from operating activities?

5. Goodwill is a-

6. Trading Account discloses-

7. Final Accounts are prepared :

8. Profit and loss Account discloses:

9. Profit earn through normal activities of business

10. How would revenue from sales of goods and services be classified?

11. What does an increasing collection period for accounts receivable suggest about a firm’s credit policy?

12. Direct Expenses are entered in:

13. Trade Mark is _.

14. Drawing is deducted from:

15. Balance Sheet shows :

16. Direct Expenses are entered in:

17. What do the asset turnover ratios measure?

18. Which is an example of fictitious assets?

19. Subtracting all expenses from revenues yields?

20. Drawing is deducted from: