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Q. ……………… is an artificial person created by law

Q. How should an asset be initially recognised in the financial statements?

Q. Purchase consideration includes ………..

Q. …………..shares are repayable after the expiry of the fixed period or at the option of the company.

Q. In case of consolidation of share capital, the total number of shares ………….

Q. Capital Reduction Account is a ………..

Q. Debenture holders are ….of the company

Q. Discount or loss on issue of debenture is shown in the balance sheet under the head ……..

Q. Which of the following is not a preferential creditors:

Q. Dividend paid are subject to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Tax @ 17% as per recent Finance Act