Question: 6. is a temporary partnership (a) Consignment (b) Company 8. (e) Sole trader (d) Joint venture Average due date is also called as (a) Base

 6. is a temporary partnership (a) Consignment (b) Company 8. (e)

6. is a temporary partnership (a) Consignment (b) Company 8. (e) Sole trader (d) Joint venture Average due date is also called as (a) Base date (b) Interest date (e) Expired date (d) Equated date Account current is usually sent by (a) A banker to his customer (b) An agent to his principal (e) by a lender to the borrower (d) All the above 9. Under the average clause, the loss is suffered by both insurer and insured (a) in the ratio of risk covered (b) 100% by the insurer (e) in equal ratio (d) in the capital ratio 10. Self balancing system consists of (a) Cash book (b) Debtors book (e) Creditors book

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!