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#1 For sports club, expenditure on the purchase of sports machinery / equipment’s is a ________
#2 Interest on Calls – in = arrears is ________ for the company
#3 Krishna and Balram, who are equal partners, admit Arjun into partnership for ¼ th share, their new profit sharing ratio will be
#4 When shares are forfeited, share capital account is _______
#5 _____ is acknowledgment of debt under common seal of company
#6 The common size statement requires _________.
#7 In _____ book – keeping system, in every business transactions we find two accounts.
#8 A person on whom a bill of exchange is drawn, is called as _______
#9 Debit balance of current account of a partner appears on ________ side of balance sheet.
#10 Purchase of stationery is____________ expenditure