You … forget to pay the rent tomorrow. The landlord is very strict about paying on time.
2
My friend is setting up a new company. (Passive Voice)
3
Choose the correct word order of the sentence.
4
Choose the sentence in the Passive Voice.
5
The book / file which contains a list of all company sales arranged by date is known as the … .
6
A ________ is not recorded in double entry
7
Faulty goods which are sent back to the supplier by the customer are known as ______
8
A ________ system should make sure that debtors do not owe too much money.
9
A company sells goods on credit, but if customers never pay for these goods the money owing is known as ________ .
10
The estimated expense of not being paid by debtors is known as a/an ________.
11
If you calculate different percentages for debts which have been owing for different lengths of time, you can prepare a/an _______ schedule of debtors.
12
In many countries a tax is added to the price of goods and services, but some goods may be _______ and no tax is due.
13
At the end of an accounting period, details of tax collected and tax paid are given to the authorities on an official form called a _________.
14
If a partner is liable only to the amount of capital he invested he is a ___ partner
15
The partners want an official agreement about their share in the partnership, so they are going to draw up a/an _________ of partnership.
16
If there isn’t an official written agreement, but a partner signs a balance sheet which shows that profits have not been shared equally, agreement would be______.
17
Partners can choose to produce fixed capital accounts or _____ capital accounts.
18
A partner who does not take an active part in the business is called a ____ partner.
19
When partners can’t or don’t want to continue in partnership there is a _____ of the partnership.
20
When this happens a ____ account is opened to record the transactions.