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

Q. If a share of Rs.10 is issued at a premium of 20%, the issue price is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. ………………………………………………..method the amount of depreciation expenses remains same throughout the useful life of a fixed assets

Q. Which of the following does not represent application of fund of a company?

Q. Salaries due to clerk is preferential for a period not exceeding:

Q. Advance payment of tax is a….

Q. When an item of property, plant and equipment is revalued, what should be revalued?

Q. Fictitious Assets shown on the Asset side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Debenture represents ………. Of a company

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