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Q. In Branch Accounting the balance on stock reserved Account at the end of the period is shown in the balance sheet by the way of deduction from

Q. They record a few translation completely just like the double entry system but a majority of the transactions are recorded only partially is known as incomplete records.

Q. Turnover ratio is also known as .

Q. A parent co. should account for the investment in subsidiaries in accordance with AS -13

Q. Impairment assets is nothing but………………….in the value of assets

Q. A memorandum trading account is to be prepared to ascertained the value of stock on the date of fire.

Q. If value of Insurance Policy is 21000, Stock on date of Fire is 24000 and Loss of stock is 20000 then Amount of Claim for stock will be ……………

Q. A fire policy covers loss of or damaged to insured property.

Q. If Net Profit is Rs. 400000 Insured Standing Charges is Rs. 320000 Sales of The Previous year is Rs. 3600000 Then Gross Profit Rate will be…………

Q. Sub standard asset are certain loan asset of a bank which are classified as ………….assets for a period not exceeding two year.