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Q. Capital A/c is a _______ A/c.

Q. An account operated to ascertain the loss or gain at the death of a partner is called:

Q. Under debtors system which account is prepared by head office to calculate profit or loss of each branch:

Q. If nothing is written about the accounting assumption to be followed it is presumed that

Q. According to sec. 100(1)(c) of the companies act, a company can pay back share capital which is in excess of need if:

Q. The profit included in surplus or shortage of stock is transferred to ______ account

Q. Which of the following is not a statistical book of a company?

Q. Mr. X sold goods to Mr. Y ask Mr. X to keep the goods with him for some time

Q. Partners equity is effected due to:

Q. As per the SEBI guidelines, on issue of shares, the application money should not be less than