Related Posts

---

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. Goods sent by HO but not received by branch before the end of the year, by debiting it to goods in transit, which account should be credited?

Q. If the opening balance of debtors is Rs 16,000 and closing balance is Rs 80,000, cash received from debtors is Rs 35,000 and bad debts is Rs 1,000, then what will be the amount of credit sales?

Q. The members of partnership firm are individually called as:

Q. Profit and loss account is a

Q. Dividends are usually paid as a percentage of

Q. Goodwill is valued as two years purchase of the average profits of three previous years are Rs. 15000, the value of goodwill be:

Q. The system of keeping accounts generally adopted by small size branches are:

Q. Discount on issue of debentures is shown under the heading in a company's Balance Sheet _______

Q. An incoming partner pays his share of goodwill in cash, and profit sharing ration of old partner is changed, Goodwill be distributed among old partners: