For the following questions (questions 31 to 40), you are required to either fill the blank space(s) or complete the statement. 34 . 31. is the process of making records of business transactions. 32. ..is also called owner's equity. 33. are financial obligations that the organization must pay to other parties. .are the amounts that are expected to be paid within one financial year, including creditors, bill payables, expense owing, income prepaid etc. 35. Impersonal accounts are divided into.. accounts and ..accounts. 36. .are amounts of money or assets that are withdrawn by the owner of the business for his or her private use. 37. ....are goods bought for resale which have been directly sold to customers. 38. Goods bought for resale but have been returned to creditors due to defects are referred to as 39. Goods sold by the firm but have been returned due to defects are called. 40. It is the list of all balances that exist in the books when all accounts have been balanced off. This refers to