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Q. Acceptances, endorsements and obligations on behalf of a customer will be shown as ----- in the balance sheet of a company.

Q. If rate of proposed dividend is less than 10% of paid up capital, the rate of profit transferred to Reserve shall be………..

Q. When own debentures are cancelled any profit on cancellation is transferred to …

Q. Amalgamation adjustment account is opened in the books of Transferee Company to incorporate …………..

Q. Which of the following is true about financial statements? I)Financial statement gives a summary of accounts. II) Financial statements can be stated as recorded facts.

Q. Satisfactory level of debt equity ratio is _________.

Q. Preference shareholders are …. of the company

Q. Debenture holders are the ……….of a company

Q. The rate of interest on Calls in arrears as per Companies Act is …………

Q. A Banking company required to prepare final accounts according to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ schedule to the banking Regulation Act.