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Q. Goods are supplied by the head office to dependent branches are at:

Q. All the transactions measurable in the terms of money are recorded in accounts is according to

Q. In the absence of an agreement profit and loss are divided by partners in the ratio of:

Q. At the time of dissolution non – cash assets are credited with:

Q. Cost concept basically recognises ____

Q. Loss on realization is distributed among partners:

Q. Outstanding salary account is a

Q. The written agreement of partnership is called:

Q. Bonus shares are issued by ________ free reserves

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: