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Q. In case of Buy Back at a discount the amount of discount is transferred to _________________

Q. Short working is …………. Sol:

Q. Software must be easy to……. Sol:

Q. Mr. Rohit, owner of Rohit Furniture Ltd., owns a personal residence that cost ` 6,00,000, but has a market value of ` 9,00,000. During preparation of the financial statement for the business, the entire value of property was ignored and was not shown in the financial statements. The principle that was followed was

Q. M LTD. Issued share at a face value of Rs. 100 with a premium of Rs.20 per share. The underwrting commission will be calculated on __________

Q. Depreciation arises because of

Q. In the creditors control account, all of the below exist except:

Q. The security premium will be shown under the heading

Q. R Ltd. makes purchases on credit. If the purchases are not as per the specifications, the company returns them to the suppliers. The book, that is used to record such returns is

Q. Public subscription of shares include :