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Q1981

For which purpose the profits before incorporation can not be used?

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Q1982

According to Garner Vs Murray rule, loss on account of a partner becoming insolvent should be distributed to remaining partners in

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Q1983

An ordinary partnership firm can have maximum

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Q1984

The following will be entered in the Total Debtor's Account:

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Q1985

A balance sheet shows financial condition of an organization.

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Q1986

Right shares are those share which are proposed to

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Q1987

A and B are partners of 5 : 3 ratio. C Joins and the new ratio agreed 4 : 2 : 2. Find out the sacrificing ratio of A and B.

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Q1988

A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. They admit D for

\frac{1}{3}

profit of the firm. The sacrificing ratio of A, B and C will be:

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Q1989

Retirement of a partner leads to . . . . . . . . of remaining partners.

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Q1990

Which of the following items will be written on credit side of the partner's capital accounts when the accounts are floating?

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Q1991

The written agreement between the partners to form a partnership is called

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Q1992

The director of a limited company resolved to forfeit 1000 equity shares of Rs. 10 each; Rs. 7.50 paid up for non-payment of the final call money of Rs. 2.50 per share. 700 of these forfeited shares were reissued at Rs. 7 per share. The amount to be transferred to the capital reserve would be

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Q1993

Goods withdrawn by the proprietor from business for his personal use will be credited to:

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Q1994

According to accounting standard-14 purchase consideration is payable to which one of the following?

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Q1995

Operating performance is best measured by the rate of return on:

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Q1996

The 'Accounting Convention of Matching' means:

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Q1997

In the calculation of net profit of Rs. 15,00,000 for the period, Rs. 20,000 profit on sale of an asset and Rs. 10,000 depreciation have been taken into consideration. In this case funds from operations will be

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Q1998

The following shall not be taken into account in the decision to manufacture or buy

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Q1999

Which of the following should a business entity get at the earliest?

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Q2000

On the admission of a new partner if the partners decide to record change occurred in the value of assets and liabilities in books but not accounts then the firm prepares.

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