Question

Please help me to solve theory questions of class 11 of accountancy subject.

1.) What is meant by retiring an bill under rebate?
2.) Define promissory note.
3.) Sale of old furniture was credited to sales account. Is it an error?
4.) Give one distinction between hardware and software.
5.) Give three difference between provision and reserve.
6.) What are the branches of accounting?

Answer 1

hii

sorry I think I can't solve the question