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Q. Own debenture account will appear on the …… side of B/S

Q. A company being a creation of law cannot die a natural death. It comes to an end by law through the process of liquidation

Q. When 500 shares of Rs. 10 each on which Rs.3 on final call is not paid, share forfeited account is credited with ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Salaries due to director, manager, secretary etc. are preferential.

Q. Which of the following is not a long term borrowing of a company?

Q. While calculating purchase price, the following values of assets are considered

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

Q. General Insurance includes …………….

Q. Which of the following can be utilized for the redemption of preference shares of a company out of profit:

Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the following is not concerned with the valuation of goodwill.