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Q. Bonus in reduction of premium appears in the revenue a/c as ----------

Q. ………………………….. value depends on Net assets.

Q. Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.

Q. Bonus shares can be issued only on getting approval of

Q. Which of the following is not a case of combination?

Q. The term current asset doesn’t cover

Q. No journal entry is required for the cancellation of ………. Share capital

Q. Ordinarily ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are not available for the distribution of dividend.

Q. In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting:

Q. Advanced tax paid by a banking company is shown as ---- in the Balance Sheet.