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Q. When the directors refund the fees already received by them,……. a/c is credited.

Q. Net capital employed is equal to ______.

Q. Which of the following are performing assets?

Q. ------ is a liability which may or may not arise in future depending on happening of some uncertain future event.

Q. The profit on reissue of shares is transferred to ….

Q. Rebate on bills discounted is ………..

Q. Share holders cannot increase the rate of ‐‐‐‐‐‐‐‐‐ recomened by the Boared of Directors.

Q. Bonus issue can be made out of securities premium collected in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Security premium account can be utilized for ………….

Q. If amalgamation is in the ..............., the General Reserve or Profit and Loss A/c balance will not be shown in the balance sheet.