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Q. When purchasing company pays purchase consideration, it will be debited to

Q. The difference between gross dividend receivable and dividend received is debited to - --------

Q. Which of the following is an example for divisible profit?

Q. The method of rapidly posting entries in the books of banks is called as ……….

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

Q. All the …… profits are not available for the purpose of redemption of preference shares

Q. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as…………………………

Q. Creditors voluntary winding up applies to ………………. Companies

Q. Under ……policy the sum assured becomes payable on the attainment of a specific age or on death whichever is earlier

Q. Called up capital minus calls in appear is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐