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Q. The Buy Back of equity shares is governed by________________ of Companies Act

Q. Single entry system of book keeping system

Q. Income and expenses related to the prize fund is shown in: Sol:

Q. Buy Back must expenses may be treated as_________________

Q. In the above question if the depreciation is charged @10% on written down value method, find the profit or loss on sale of the Second hand car.

Q. Preliminary expense Is an example of

Q. All receipts of capital nature are shown in : Sol:

Q. Which of the following statement is false Sol:

Q. From the profits of previous three years, Rs 150000, Rs 200000, and Rs250000/- the value of goodwill at five years of purchase is ----------- Sol:

Q. Who are the real owners of a company?