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Q. Computerized accounting requires transaction data to be entered into………………………

Q. ------ implies issue and allotment of shares to a selected group of persons and not to general public.

Q. What is the amount an asset could achieve if sold between knowledgeable, willing parties in an arm’s length transaction?

Q. The buy back of shares may be done

Q. Capital redemption reserve and security premium can be utilised for issuing ………bonus shares

Q. Fixed assets and current assets are categorized as per concept of:

Q. Dividend declared in between two annual general meeting is called….

Q. No dividend is payable on calls in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. The net profit available for dividend distribution is called …………

Q. A past member is not liable to contribute: