What we call a person who owes money to the firm ? debtor creditor. What the owner of the business is called?
. money spent in conducting the business activities? loss expenses. Which book is called 'Book of original entry' ? ledger journal cash book passbook. what are the other word used for curreny assets? liqued asset floating assets. Recording of a transaction either in the journal or in the ledger. What is the abbreviation of debtor. What we call the amount earned through business opeation. A claim or right over the business income equity. what do you call excess of assets over liabilities in accountancy income capital.
