Assistant Account Officer (BPS-16) Paper of SPCS June 2023

Q22

The debts which are to be repaid within a short period (a year or less) are referred to as_____________

Q23

A business entity has owner’s equity of Rs. 40,000 and liabilities of Rs. 25,000 its assets are—–:

Q25

The following is a statement of revenues and expenses for a specific period of time.

Q26

The following is also known as external internal equity ratio.

Q28

A business event which can be measured in terms of money and must be recorded in books of accounts is called:

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