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Q. Section 37 of partnership act provided interest on the amount left by retiring or decreased partner at:

Q. ____________ account shows the shortage or surplus of stock.

Q. Debenture holders are the _____ of the company

Q. Drawings of the partners are:

Q. Which of the following branches, taking into consideration the scope of authority and responsibility, prepares its own independent final accounts?

Q. H.O. sent Rs 5000 as petty cash to branch during the year. Opening and closing balances of petty cash was Rs 1400 and Rs 400 respectively. Then petty expenses of the branch during the year will be ______

Q. Opening balance of debtors a/c is Rs 1,40,000. Credit sales is Rs 10,74,000 and closing balance of Debtors a/c is Rs 1,90,000. What is the amount of cash collection from the debtors?

Q. Loss on realization is distributed among partners:

Q. Under the stock and debtor system, Branch A/c is treated as ______

Q. According to which concept, the proprietor pays interest on drawings