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Q. At the end of the year, the interest paid and depreciation charged are transferred to the account

Q. Stock of goods destroyed by Fire Rs. 10000 Stock of goods salvaged Rs. 2000, Value of insurance policy Rs. 9000. There is an average clause in the policy, Then the Amount of claim is -

Q. Contract of Insurance is a contract between the trader and the insurance Company to -

Q. By deducting cash price from the contract price of assets, the difference of the amount is called

Q. The Closing stock of investment is valued -

Q. Cum interest price of security is than ex- interest price.

Q. In case of purchase and sales of securities ex- interest -

Q. Which account is to be prepared to know Cash Purchase or Cash Sale?

Q. Generally, depreciation on fixed assets is calculated on which balance?

Q. Interest on security is calculated on -