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Q. The discount on re-issue of forfeited shares is debited to ---- a/c.

Q. When preference shares are redeemed, it amounts to

Q. A demand Loan is payable on ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Banks are required to transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of their profits to a statutory Reserve.

Q. Capital reserve will appear on the liability side of the balance sheet under the head ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

Q. Yield value is based on the assumption that ……………….

Q. Provision for Income tax is shown in a bank’s Balance Sheet as ------

Q. Requirements given in part II of ‐‐‐‐‐‐‐‐‐‐‐‐‐apply to statement of profit or loss

Q. When charge is created against specific assets of the company, it is called ‐‐‐‐‐‐‐‐‐‐‐‐‐ charge.

Q. The long term assets that have no physical existence but, possess a value is known as,