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Q. Reserve Capital is also known by :

Q. Which of the following of an insurance company is included in other assets

Q. Which of the following relate to financial position in a set of financial statements?

Q. While checking the accounts of ABC the following discrepancies were noticed, even though the Trial Balance was made to balance by putting the difference to Suspense A/c. (i) Sales day book for the month of June‘12 was found overcast by ` 7,000. (ii) A credit purchase of ` 3,000 was omitted to be recorded in the days book. (iii) ` 4,300. Received from A credited to A A/c ` 3,400. (iv) Purchase of Office Equipment worth ` 5,000 included in trading purchases. From the above details what would have been the difference in Trial Balance which was made to balance by opening Suspense A/c.

Q. The sale of goods act is applicable in

Q. Opening statement of affairs is prepared to find out

Q. Buy Back refers to______________

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

Q. Bank loan account is a ______

Q. —————— is also known as Appraisal system of depreciation