Q781
Open questionWhich one of the following ratios is not a measure of financial soundness and stability of a business enterprise?
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
40/149
Page
Pick an option on a question to see the right answer and solution.
Q782
Open questionBills dishonoured by = Rs. 2,000
Customers = Rs. 13,000
Bills collected = Rs. 1,000
Bill received endorsed to creditors Rs. 1,000 less than at the beginning.
The Amount of bills received from the customers was:
Customers = Rs. 13,000
Bills collected = Rs. 1,000
Bill received endorsed to creditors Rs. 1,000 less than at the beginning.
The Amount of bills received from the customers was:
Select an option to see the answer and solution.
Q783
Open questionAfter the new partnership agreement, assets and liabilities in a balance sheet are recorded at . . . . . . . .
Select an option to see the answer and solution.
Q784
Open questionWhich one of the following statements is correct?
Select an option to see the answer and solution.
Q785
Open questionStock does not include:
Select an option to see the answer and solution.
Q786
Open questionDebit the receiver and credit the giver is rule of:
Select an option to see the answer and solution.
Q787
Open questionIn the absence of an agreement to the contrary, all partners sleeping or working share profits and losses in the
Select an option to see the answer and solution.
Q788
Open questionWhich of the following equations is not correct?
Select an option to see the answer and solution.
Q789
Open questionWhich of the following is not an accounting convention?
Select an option to see the answer and solution.
Q790
Open questionShare warrants can be issued when shares are
Select an option to see the answer and solution.
Q791
Open questionBank overdraft should be categorized as
Select an option to see the answer and solution.
Q792
Open questionAccording to double entry system, interest on bank loan is shown in
Select an option to see the answer and solution.
Q793
Open questionCurrent Ratio is 2.7 : 1, Quick Ratio 1.8 : 1, Current Liabilities Rs. 60,000
The Value of Stock shall be
The Value of Stock shall be
Select an option to see the answer and solution.
Q794
Open questionThe balance of Short workings A/c is shown in
Select an option to see the answer and solution.
Q795
Open questionWhich type of shares may have dividends in arrears:
Select an option to see the answer and solution.
Q796
Open questionWhen company reserves part of its capital to be called up at the time of winding up, it is known as
Select an option to see the answer and solution.
Q797
Open questionA complete set of financial statements under Ind AS includes the following.
1. Balance sheet at the end of the period.
2. Statement of profit and loss for the period.
3. Statement of changes in equity for the period.
4. Statement of cash flow for the period.
5. Balance sheet at the beginning of the preceding period.
Which statements given above are correct?
1. Balance sheet at the end of the period.
2. Statement of profit and loss for the period.
3. Statement of changes in equity for the period.
4. Statement of cash flow for the period.
5. Balance sheet at the beginning of the preceding period.
Which statements given above are correct?
Select an option to see the answer and solution.
Q798
Open questionWhich one of the following pairs is not correctly matched:
Select an option to see the answer and solution.
Q799
Open questionWhich of the following is correct about 'Margin of Safety Ratio'?
Select an option to see the answer and solution.
Q800
Open questionUnder hire-purchase system, the formula to calculate value of stock at cost equivalent is
Select an option to see the answer and solution.