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Q. In …..., a new company is formed to take over the business of an existing company which goes into liquidation.

Q. Fair value of a share is equal to ___________.

Q. What is the net amount an entity expects to obtain for an asset at the end of its useful life?

Q. Profit earned after acquisition of share is treated as:

Q. Insurance Regulatory and Development Authorities Act came in to effect in

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

Q. Dividend is payable on the amount of…………………………..

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. Unclaimed dividend is shown in the balance sheet under the head ……..

Q. Unclaimed dividend is shown on the liability side of the balance sheet under the heading:‐