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Q. Banks are required to transfer ….. of their profits to statutory reserve

Q. Balance of forfeited share is …….

Q. Assets in to Balance sheet of a limited company are arranged in order of :‐

Q. When debentures are issued as a consideration of purchase of assets …………. Is debited.

Q. Unquoted shares means……………………….

Q. Out of the unrealized profits, a holding company’s share is reduced from the stock and

Q. Calls in advance is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the balance sheet

Q. Which of the following can be utilized for the redemption of preference shares of a company out of profit:

Q. How many IFRS are in force as of now?

Q. The shares firstly offered to the existing shareholders are called as …………