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Rent to a partner correct accounting fundamental; capital revenue classification per accounting principles.
Ref: NCERT Accountancy Class XI Chapter 1 Accounting Fundamentals explains accounting meaning objectives advantages limitations double entry system clearly.
Rs. 100000 correct accounting fundamental; capital revenue classification per accounting principles.
Ref: NCERT Accountancy Class XI Chapter 1 Accounting Fundamentals explains accounting meaning objectives advantages limitations double entry system clearly.
Business risks defines nature significance; management goal-oriented, continuous, pervasive.
Ref: NCERT Business Studies Class XII Chapter 1 Nature and Significance of Management defines management functions characteristics clearly explained.
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