Related MCQs

Q. Cash balance shown in the Balance Sheet is shown on dissolution of firm in :

Q. The excess amount which the firm can get on selling its assets over and above the saleable value of

Q. Salary paid in cash during the current year was ₹30,000; Outstanding salary at the end of previous

Q. A Company forfeited 1,000 shares of ₹10 each fully called, on which ₹6,000 has been paid. Out of

Q. The relation of partner with the firm is that of:

Q. P, Q and R have been sharing profits and losses in the ratio of 5 : 3 : 2. Q retires. His share is t

Q. 300 equity shares of ₹10 each were issued at ₹5 per share premium. Only ₹4 per share on applic

Q. Main objective of Common Size statement is :

Q. Ramesh and Suresh are partners sharing profits in the ratio of 2 : 1 respectively. Ramesh Capital is

Q. Ram, Krishna and Ganesh were sharing profits and losses in the ratio of 5 : 3 : 2. Ram retires and K