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Q. In single entry system only accounts are opened:

Q. When the benefits of revenue expenditure is available for a period of two or three years, the expenditure is known as-

Q. Which of the following does not include under the head “other asset”

Q. Floating asset is known as

Q. Sales ledger contains accounts of

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

Q. By what rate the balance of head office account is converted in foreign branch

Q. Depreciation on branch assets under debtors system is

Q. Which of the following statements is true?

Q. Royalty is Rs 64,000, Minimum rent Rs 80,000. Strike is for 3 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.