Q2841
Open questionWhich of the following is not a source of redemption of preference shares?
Select an option to see the answer and solution.
Commerce · all questionsAccounting
Accounting
practice.
Practice every MCQ with options. Use Show answers when you want the correct option and solution.
2,968
Questions
143/149
Page
Pick an option on a question to see the right answer and solution.
Q2842
Open questionA sale of goods to Vidhya for cash should be debited to . . . . . . . .
Select an option to see the answer and solution.
Q2843
Open questionWhich one of the following accounting standards is not mandatory in India?
Select an option to see the answer and solution.
Q2844
Open questionThe amount set aside to meet the loss of bad debt is . . . . . . . .
Select an option to see the answer and solution.
Q2845
Open questionA company cannot issue redeemable preference shares for a period exceeding . . . . . . . .
Select an option to see the answer and solution.
Q2846
Open questionWhich of the following result in reduction of capital?
Select an option to see the answer and solution.
Q2847
Open questionGoods worth Rs. 200 returned by Mohan were taken into stock, but no entry was passed, is an error of . . . . . . . .
Select an option to see the answer and solution.
Q2848
Open questionWhich of the following amounts shall be credited to Investor Education and Protection Fund, if they remain unpaid/unclaimed for seven years from the date they become due?
Select an option to see the answer and solution.
Q2849
Open questionProvision for bad debts is calculated on . . . . . . . .
Select an option to see the answer and solution.
Q2850
Open questionPayment of compensation to a worker, who has been discharged from service, is a:
Select an option to see the answer and solution.
Q2851
Open questionPetty cash system is designed:
Select an option to see the answer and solution.
Q2852
Open questionWhich of the following assets does not depreciate?
Select an option to see the answer and solution.
Q2853
Open questionThe main objective of providing depreciation is to:
Select an option to see the answer and solution.
Q2854
Open questionPreparation of trial balance helps in the deduction of . . . . . . . .
Select an option to see the answer and solution.
Q2855
Open questionBills receivable account is:
Select an option to see the answer and solution.
Q2856
Open questionWhich one of the following is treated as revenue expenditure?
Select an option to see the answer and solution.
Q2857
Open questionBanks are required to transfer . . . . . . . . of their profits to statutory reserve.
Select an option to see the answer and solution.
Q2858
Open questionWhile preparing the books of the transferee company in purchase method, the difference between purchase consideration and share capital of the transferor company should be adjusted in . . . . . . . .
Select an option to see the answer and solution.
Q2859
Open questionA withdrawal of cash from business by the proprietor of the firm should be credited to:
Select an option to see the answer and solution.
Q2860
Open questionWhich one of the following is an example of personal account?
Select an option to see the answer and solution.