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

Q. Dividend declared between two Annual General Meetings.

Q. Valuation balance sheet is prepared by a life insurance company to find out

Q. IPO stands for ………………

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

Q. Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.

Q. Rebate on bills discounted is shown on the liability side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. ……………….is the amount payable by the purchasing companies to the vendor company for taking over the business of vendor company.

Q. …….. deals with separate financial statements.

Q. ………………… means any person employed in any skilled or unskilled, manual, supervisory (wages less than 1600 p.m.), technical work.