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Q. After all the debentures are redeemed the balance in the sinking fund is transferred to

Q. Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.

Q. Profit available for dividend distribution is called ………….

Q. Which of the following reserves cannot be distributed as dividend to share holders?

Q. Which of the following is an example for capital profit?

Q. The discount on re-issue of forfeited shares is debited to ---- a/c.

Q. Rebate on bills discounted is a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the Banking company.

Q. When purchasing company pays purchase consideration, it will be debited to

Q. Dividend declared between two ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is known as interim dividend

Q. On a consolidated balance sheet, if the shares of a company have been bought for more than the balance sheet value then the difference would appear as: