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Q. Fictitious Assets are shown on the asset side of the balance sheet of a company under the heading ‐‐ ‐‐‐‐‐‐‐‐‐

Q. In case of buyback of shares by a listed company, the letter of offer to the shareholders shall be dispatched not earlier than –

Q. Share can be forfeited for ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

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

Q. The assets that can be easily converted into cash within a short period (i.e., 1 year or less is known as,

Q. While preparing P/L account , rebate on bills discounted to be provided shall be deducted from discount received in --------

Q. Loss on realisation is transferred to …………..

Q. General insurance policies are generally taken for

Q. Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Preliminiary expenses incurred on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of a company.