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Q. Depreciation is calculated on the asset purchased by company in

Q. When a company pays remuneration to its promoters by issuing shares to them, then

Q. According to Table 'A', a company can charge annual interest on calls-in-arrears at

Q. Prepaid Income Tax is shown in

Q. The maximum rate of interest received by a company on Calls-in-arrears as per Table 'A' is

Q. For preparing Final Accounts, Preliminary expense not written off is shown in

Q. If there is a loss prior to incorporation, it will be debited to

Q. Minimum time period for two bonus issue must be

Q. If there is Debit balance of any one partner's capital account the same will be distributed amongst the remaining partners

Q. According to Table 'A', annual interest on calls-in-advance should be