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Q. If vendors are issued fully paid shares of 1,25,000 in consideration of net assets of ?1,50,000, the balance of 25,000 will be credited to :

Q. General insurance policies are taken

Q. The original cost at which an asset or liability is acquired is known as --------

Q. Legacies should be treated as Sol:

Q. Discount on issue of share is

Q. Which of the following statements is/are true ?

Q. As per the cost of concept an asset is recorded at its

Q. Incomplete records are maintained usually by a

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

Q. When does need valuation of Goodwill Sol: