Home › CBSE Class 11 (Commerce) › Accountancy › Introduction to Accounting › Customers want accounting information mainly abo…
Customers want accounting information mainly about the firm's
AContinued existence
BSalary structure
CTax liabilities
DDividend policy
Answer & Solution
Correct answer: A. Continued existence
Customers need to know the business will survive so that supply of products, parts and after-sales service continues.
Related questions
A trader sells stationery worth Rs 1,00,000 on credit to Mr. Ravi. Mr. Ravi is aMr. Sunrise starts with Rs 5,00,000, buys stationery worth Rs 1,50,000 from Mr. Peace on cSundry creditors are shown in the balance sheet on thePersons who owe the firm money for goods bought on credit areClosing stock of a manufacturing company comprises raw materials, finished goods andUnsold goods lying with a trader at the end of the period are calledTotal goods procured for use or sale, on cash and credit, are calledWithdrawal of cash or goods by the owner for personal use is