Q2801
Open questionCall option is:
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Accounting
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Q2802
Open questionIn a partnership business if there is no specific agreement among partners, profit is distributed in the:
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Q2803
Open questionAssets in the balance sheet are shown at cost less depreciation rather than their replacement cost because of the accounting convention . . . . . . . .
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Q2804
Open questionFollowing data appear in the books of XY & Co. as on 31st March 2003
Capital account = Rs. 13,00,000
Drawings account = Rs. 12,000
Land & building account = Rs. 10,00,000
Goodwill account = Rs. 3,50,000
Suspense account (Dr) = Rs. 50,000
Loss by theft account = Rs. 20,000
Business loss = Rs. 50,000
Loan given to AB & Co = Rs. 60,000
What will be the amount of sundry creditors?
Capital account = Rs. 13,00,000
Drawings account = Rs. 12,000
Land & building account = Rs. 10,00,000
Goodwill account = Rs. 3,50,000
Suspense account (Dr) = Rs. 50,000
Loss by theft account = Rs. 20,000
Business loss = Rs. 50,000
Loan given to AB & Co = Rs. 60,000
What will be the amount of sundry creditors?
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Q2805
Open questionBills receivable endorsed are debited to:
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Q2806
Open questionIf the total charge of depreciation and maintenance is considered as the method which would provide a unifrom charge is:
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Q2807
Open questionWhich of the following a/c is debited when statutory reserve of the transferor company is taken over by the transferee company?
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Q2808
Open questionWhich one of the following is not taken into account in adjusting the cash balance?
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Q2809
Open questionBase date is otherwise called as . . . . . . . .
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Q2810
Open question. . . . . . . . days of grace are allowed in case of time bills for calculation date of maturity.
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Q2811
Open questionIf the good will raised at the time of retirement of a partner is to be written off, then the capital accounts of the remaining partners are debited in:
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Q2812
Open questionProvision for doubtful debts account is a:
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Q2813
Open questionAn amount of Rs. 1000 is debited twice in the pass book. When overdraft as per the cash book is the starting point . . . . . . . .
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Q2814
Open questionIncome and expenditure account is prepared by . . . . . . . . concerns.
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Q2815
Open questionIn purchase method, the excess of net asset of the transferor company acquired by the transferee company over the purchase consideration should be recognized as . . . . . . . .
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Q2816
Open questionPrepaid insurance is:
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Q2817
Open questionThe balance of the petty cash book is . . . . . . . .
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Q2818
Open questionWhich English alphabet is similar to the shape of an account?
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Q2819
Open questionUnder the scheme of buyback of shares, the company in order to perform its obligations, is required to open an . . . . . . . . account.
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Q2820
Open questionThe credit balance of bank account indicates:
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