In case of banking company the VRS expenditure is treated as

In case of insurance companies the legal fees with respect of claims is shown in

Preliminary expenses are transferred by the vendor company at the time of amalgamation to

Preliminary expenses are transferred by the vendor company at the time of amalgamation to

Divisible profit does not include

The balance of sinking fund investment a/c after the realization of investment is tranferred to

Discount allowed on reissue of forfeited shares is debited to

If vendors are issued fully paid shares of Rs.2,00,000 in consideration of net assets of Rs.1,80,000, the balance of Rs.20,000, will be debited to

Which of the following is correct

The term 'depletion' used in relation to

Balance in a petty cash book is

Provision for bad and doubtful debts is created in anticipation of actual bad debt on the basis of

Super Profit is:

Which famous case deals with the insolvency of a partner?

Discount on issue of shares is:

As per AS-14 Purchase Consideration is what is payable to:

50000 equity shares of Rs. 10 each issued at Rs. 20, for the purpose of redemption of preference share capital amounting Rs. 750000. How much amount will be transferred to capital redemption reserve?

Capital gearing ratio denotes the relationship between :

Which of the following should be deducted from the share capital to find out paid up capital?

When Statutory Reserve of the Vendor company is maintained by the Purchasing Company, then Purchasing Company gives debit to:

Surplus Account (negative balance) is transferred by the vendor company at the time of absorption to :

Net payment method is used to calculate :

When an underwriter agrees to buy a definite number of shares or debentures in addition to the shares or debentures he has to take under the underwriting agreement, it is known as:

A bill of Exchange must be

At the end of the accounting year nominal accounts are:

The debit balance in the bank column of cash book indicates:

Equity shares issued at a discount or for consideration other than cash for providing know how or making available rights in the nature of intellectual property rights or value addition are known as:

The total sum payable by the hirer under a hire purchase agreement in order to complete the purchase of or acquisition of property in the goods is known as:

Manufacturing Account is prepared to find out

In self balancing , Bought Ledger Adjustment Account is opened in

When closing capital is greater than opening capital, it denotes :

If the amount of any known liability can be determined with substantial accuracy:

Voyage account is ............. account.

Second hand furniture worth Rs. 6000 was purchased. It was repaired for Rs. 600 and installed by workmen to whom Rs. 200 was paid as wages. The furniture should be capitalised for :

Donation received for special purpose should be:

Which of the following is correct?

When debentures are issued as a collateral security, Debenture Suspense Account is :

An accounting system which presents the Balance sheet in two parts is called: