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Q. Unless otherwise stated, a preference share is always deemed to be :

Q. The existing 1,000 shares of Rs. 100 each are altered to 10,000 shares of Rs.10 each. This is known as__________________

Q. Amount paid to Gagan posted to the credit side of his account would affect

Q. Interest on debenture is

Q. Rent and rates are apportioned to different departments on the basis of

Q. In capital comparison method gross profit=

Q. . …………..shares are repayable after the expiry of the fixed period or at the option of the company.

Q. The P&L A/c of Banking Companies are prepared as per ………of Banking Regulation Act.

Q. Which of the following is true?

Q. When there is no Goodwill Account in the books and goodwill is raised,…………….account will be debited Sol: