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Q. The net profit available for dividend distribution is called …………

Q. Discount or loss on issue of debenture is shown in the balance sheet under the head ……..

Q. The vendor company transfers preliminary expenses (at the time of absorption) to:

Q. Profit on re‐issue of forfeited shares will appear on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.

Q. In net Assets method all liabilities are consider.

Q. ……….is the first stage in the formation of a public company

Q. Banks are required to transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of their profits to a statutory Reserve.

Q. Fair value of a share in the simple average of intrinsic value and ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ value of a share

Q. Liquidation expenses paid by the transferee company is debited to …

Q. Internal reconstruction is done due to ………..