1. Subtracting all expenses from revenues yields?

2. Trade Mark is _.

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

4. Trading Account discloses-

5. Computers purchased for re-sale is:

6. Direct Expenses are entered in:

7. Profit earn through normal activities of business

8. Which is an example of fictitious assets?

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

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

11. Goodwill is a-

12. Direct Expenses are entered in:

13. Profit and loss Account discloses:

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

15. Final Accounts are prepared :

16. What do the asset turnover ratios measure?

17. Outstanding Salaries is shown as

18. Drawing is deducted from:

19. Drawing is deducted from:

20. Balance Sheet shows :