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Q. Depreciation arise because of………………………..

Q. When the Vendor (seller) company agrees to bear liquidation expenses, it will debit

Q. …………debentures are secured by the assets of the company

Q. If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt .............. accounting policies.

Q. ………..is the amount payable to the insured on the happening of event.

Q. Debenture holders are ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of a company.

Q. Dividend is payable on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the shares.

Q. Advance payment of tax should be shown on the ‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.

Q. On an equity share of Rs. 20, the company has called up Rs. 16 but Rs.14 has been received by the company, the share capital account should be credited by ……

Q. Which of the following represents source of fund in the balance sheet of a company?