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Q. In external liquidations, there is one liquidation and one ………………

Q. The share of outsiders in the Net Assets in subsidiary company is known as under :

Q. In the case of ………………………. only one of the combining companies survives and the other losses its separate identity.

Q. The minimum application money to be paid by an applicant must not be less than …….as per Companies Act.

Q. When debentures are redeemed from out of profits an equal amount is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐ account.

Q. When Redeemable Preference shares are due for redemption, the entry passed is

Q. Increase in share capital of a firm in the current year as compared to previous year should be recorded in the final cash flow statement under

Q. Which of the following is a method of redemption of debentures?

Q. The first item in order of payment to be made by liquidator is:

Q. Ratios indicate trends in important items and this helps in _________