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Q2381

Income accrued and received' results in-

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Q2382

For equity-settled share-based payment transactions, the entity shall measure the goods or services received and the corresponding increase in equity, directly at the . . . . . . . . of the goods or services received, unless that it cannot be estimated reliably

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Q2383

In settling the accounts of a firm after dissolution losses including deficiencies of capital, shall be paid in which sequence?
1. By the partners individually in profit sharing ratio.
2. Out of profit.
3. Out of capital.
Select the correct answer:

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Q2384

Which of the following statements is true in connection with Receipt and Payment A/c.

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Q2385

Gross Profit Ratio is calculated by

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Q2386

Securities premium reserve account is shown on the liabilities side in the balance sheet under the heading

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Q2387

Premium on issue of shares is determined by:

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Q2388

The written down value of a plant is Rs. 60,000 (the original value being Rs. 1,00,000). It is sold for Rs. 1,20,000 during the current financial year. Which of the following is true in this regard?

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Q2389

Which of the following equation is correct?

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Q2390

Capitalisation of profit of a company is possible

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Q2391

The ratios which measure the relative contribution of financing by owners and financing provided by outsiders are called:

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Q2392

In the absence of any contract, profit arising from partnership firm is credited to the partners capital account in:

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Q2393

Realisation account is prepared by a Partnership firm at the time of

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Q2394

Depreciation represents a decrease in:

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Q2395

Receipt and Payment A/c is an abbreviate form of:

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Q2396

If profit is 50% of sales, then what is its percentage on cost?

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Q2397

Receipts and payments account is prepared by

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Q2398

If a share of Rs. 10, on which an amount of Rs. 6 has been paid, is forfeited. It can be reissued at minimum price of

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Q2399

If the sales and P/V ratio of a firm is Rs. 1000 and 80% respectively and the amount of interest paid is Rs. 400, then operating leverage of the firm is:

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Q2400

Following information is available:
1. 2,000 10% preference shares of Rs. 100 each Rs. 2,00,000
2. 10,000 Equity shares of Rs. 100 each Rs. 60 per share paid up Rs. 6,00,000
3. Expected profit per year before tax Rs. 3,20,000
4. Rate of Tax 50%
5. Transfer to general reserve every year 20% of net profit
6. Normal rate of earnings 15%
The value of equity share as per yield value method would be:

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