Question

Fill in the blanks.
1)Goodwill is_____ Asset.
2)debit the receiver and credit the________.
3)Purchase of animals for cash should be debited to_______.
4)Every transactions has_____effect.
5)Recording of Transactions in Journal called______.

Options : 1) a)Tangible b)Intangible c)Real
2) a) Giver b) debtor c) Taker D) creditor
3) a)One b)Two c)Three D)Zero
4) a)Capital A/C b)Live stock A/C c)Sales A/C
5) a)Posting b)Casting c)Journalizing d)Narrating​

Answer 1

Answer:

1) intangible

2)giver

3)one

4)sales a/c

5) posting