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Q. Dividend may be declared out of ----------------

Q. Unclaimed dividend recorded on the…………………….. the balance sheet.

Q. The ideal current ratio is

Q. After completing ….years a company can issue shares at discount.

Q. Compulsory cancellation of shares by the company\y due to non‐payment of allotment or call money is called …………….

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

Q. Enterprise resource planning is an ……………………………..

Q. When debentures are redeemed in annual installments the redemption is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

Q. In purchase method, the excess of net asset of the transferor company acquired by the transferee company over the purchase consideration should be recognized as ------------

Q. Face value debentures of subsidiary co. held by Holding Company is deducted from