Q2941
Open questionTrial balance is a proof that:
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Accounting
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Q2942
Open questionAny excess amount paid to preference share holders is debited to . . . . . . . . account.
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Q2943
Open questionThe account current method in which the days are calculated from the date of transaction to the commencement date is known as . . . . . . . .
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Q2944
Open questionReceipts and payment account shows . . . . . . . .
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Q2945
Open questionThe difference between gross dividend receivable and dividend received is debited to . . . . . . . .
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Q2946
Open questionWhich one of the following statements is correct?
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Q2947
Open questionFinancial statement in relation to a company includes:
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Q2948
Open questionIn case of accommodation bills, if one party becomes insolvent then that party credits the short remittance to:
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Q2949
Open questionLand was reported at its selling price which is substantially higher than its cost. The increase in value was included in the income statement, which accounting principle is violated?
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Q2950
Open questionAccounting principles represent:
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Q2951
Open questionReceipts and payment account record receipt and payments of . . . . . . . .
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Q2952
Open questionWhich of the following errors is an error of omission?
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Q2953
Open questionWhich of the following is not a long-term borrowing of a company?
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Q2954
Open questionA bill of exchange payable after a certain period is known as . . . . . . . . bill.
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Q2955
Open questionPreference shareholders are entitled to a fixed rate of . . . . . . . .
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Q2956
Open questionIn life insurance, the risk insured is
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Q2957
Open question. . . . . . . . of net surplus of a life insurance company is given to policyholders as bonus.
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Q2958
Open questionCapital reduction account is used to . . . . . . . .
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Q2959
Open questionWhich of the following accounts is increased by credit entries?
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Q2960
Open questionUnder . . . . . . . . policy, the sum assured becomes payable on the attainment of a specific age or on death whichever is earlier.
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