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Q. The individual field in the sheet is known as a _________. Sol:

Q. Accrued Holiday remuneration becoming payable to any workman is treated as ________________________

Q. Which of the following should be deducted from the share capital to determine the paid up share capital.

Q. Goodwill be purchased Sol:

Q. Pro-rata payment is applicable when the cash available for competing liabilities of the same class is..

Q. Debentures are shown in the B/S under head.

Q. Recoupment is always necessary in royalties Sol:

Q. Petty cash book is prepaid under ______ system

Q. Meaning of single entry system of book keeping is

Q. Which of the following is an example of Personal Account?