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Accounting
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Q2041

Open question

If equity share are forfeited then capital account is debited with

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Q2042

Open question

Depreciation of fixed assets is an example of

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Q2043

Open question

Gearing ratio means the following ratio:

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Q2044

Open question

Preference Shares dividend & ratio of net profit after tax and total number of equity shares mutual ratio known as:

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Q2045

Open question

Which of the following should be shown on the asset side of the Balance sheet:

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Q2046

Open question

Interest on capital provided to partners is calculated on

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Q2047

Open question

Which of the following types of information dues Ind AS-107 not require to be disclosed about the significance of financial instruments?

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Q2048

Open question

Which of the following is a deferred revenue expenditure?

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Q2049

Open question

For non-profit organisations, net income is ascertained by preparing:

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Q2050

Open question

Contingent liability is shown due to:

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Q2051

Open question

A, B and C are partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2. They agreed to take D into partnership and gave him

\frac{1}{8}^{th}

share. What will be their new profit sharing ratio?

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Q2052

Open question

Accounting starts where book keeping ends and . . . . . . . . begins where accounting ends

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Q2053

Open question

A concern should select an accounting policy which enables it to

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Q2054

Open question

If the operating ratio is 75% then the net ratio will be

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Q2055

Open question

A powerhouse originally built for Rs. 4,00,000 is to be replaced by a new one. The total cost of consturction is Rs. 14,00,000. But the estimated cost of construction of the original size powerhouse at present is Rs. 6,00,000. The revenue cost will be

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Q2056

Open question

Match List-I with List-II and select the correct answer:

List-I	List-II
a. Measurement of income	1. Accrues to the equity of owners
b. Recognition of expense	2. Recognition of revenue
c. Basis of realization	3. Matching revenue with expenses
d. Identification of revenue	4. Accounting period

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Q2057

Open question

A and B are partners sharing profit and losses in 3 : 2. C is admitted in the firm for

\frac{1}{5}^{th}

share and he brings Rs. 10,000 as capital. What will be adjusted capital of B?

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Q2058

Open question

Average profit Rs. 20,000, normal profit Rs. 5,000, calculate goodwill on the basis of 3 year purchase of super profit

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Q2059

Open question

If profits are

\frac{1}{4}

of cost, what is the share of profit in sales?

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Q2060

Open question

A and B share profits in the ratio of 7 : 3. They admitted C as a partner. A surrenders

\frac{1}{4}^{th}

of his share and B

\frac{1}{3}^{rd}

share to C. New profit sharing ratio among A, B and C would be:

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Accountingpractice.

Accounting
practice.