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Q. Which of the following is true?

Q. R LTD. Issued a debenture of Rs.100 each at Rs.90. The underwriting commission will be paid on___________

Q. Insurance business in India is regulated by …………. A. LIC B. IRDA C. RBI D. SEBI 193. Under …………., the sum assured is given to the beneficiary only on death of policyholder.

Q. Which of the following voucher is used to record transactions that do not affect bank & cash?

Q. XYZ Ltd. Paid wages of ` 8,000 for erection of machinery. The journal entry for the transaction is

Q. The ____________ in a ledger helps in locating the accounts contained in it

Q. Issue of shares at a price lower than its face value is called :

Q. _________ deals with the depreciation account.

Q. rights/ Duties of partners are governed by_______________

Q. Which of these documents is not required for Bank Reconciliation