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Q. The balance of the forfeited shares account after re-issue of forfeited shares is transferred to :

Q. Software must be easy to……. Sol:

Q. The Principal amount of debentures will be repaid by the company either at the end of a specified period or by instalments during the life time of the company. Such types of debentures are called :

Q. The minimum application money to be paid by an applicant must not be less than …… as per Companies Act.

Q. Which of the following is a non-profitable organisation ? Sol:

Q. A debenture holder is entitled to :

Q. Depreciation is

Q. The Income and Expenditure Account includes all revenue expenses and income irrespective of its cash flow Sol:

Q. Interest payable on debentures is :

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