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Q1101

Dividend per share in a company Rs. 2, earning per share is Rs. 5 and the market value of the share is Rs. 25. What will be its yield?

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Q1102

If the current ratio is 2 : 1 and working capital is Rs. 60,000, what is the value of the Current Assets?

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Q1103

If current ratio is 1.75 : 1, working capital Rs. 1,12,500 and stock Rs. 82,500, then Acid test ratio will be:

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Q1104

What is the generally accepted basis of valuation of fixed assets:

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Q1105

In which order should the following items be shown in the Balance Sheet of a company:
1. Fixed Assets
2. Share held as permanent investments
3. Current Assets
4. Profit and Loss (Dr.)
Select your answer:

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Q1106

Match the following:

List-I	List-II
a. Compulsory Dissolution	1. Section 44
b. Dissolution by Court	2. Section 41
c. Dissolution by Notice	3. Section 42
d. Contingent Dissolution	4. Section 43

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Q1107

X and Y are partners sharing the profit in the ratio of 3 : 2. They take Z as the new partner who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill, New profit sharing ratio is 1 : 1 : 1. Z is able to bring only his share of capital. How this will be treated in the books of the firm?

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Q1108

A company pays to its sundry creditors a sum of Rs. 10,000. This transaction will:

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Q1109

A and B sharing profits in the ratio of 3 : 2 took out a joint-life policy of Rs. 20,000 on 1^st January 2000 for 20 years, paying annual premium of Rs. 1000. The surrender values of the policy were: 2000 - nil, 2001 - Rs. 550, 2002 - Rs. 970.
On 8^th march 2002 B was dead. What will be the amount to be paid to the policy holders-

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Q1110

If cost of goods sold is Rs. 1,20,000, gross loss is 25% of sales, then what is amount of sales?

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Q1111

Match the following:

List-I	List-II
a. Goodwill of a company	1. Current liability
b. Overdraft	2. Fixed assets
c. Preliminary expenses	3. Reserves surplus
d. Premium on issue of shares	4. Fictitious assets

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Q1112

What type of account is revaluation account?

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Q1113

Gross Book Value of a fixed assets is its

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Q1114

Factory manager gets 10% commission on net profit after charging such commission. If profit is Rs. 2200 then commission will be?

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Q1115

The measure of a stock variable is-

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Q1116

Preparation of consolidated statement of accounts as per AS-21 is:

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Q1117

Garner Vs Murray rule is aplicable when

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Q1118

Discount on issue of Shares Account until written off is shown under

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Q1119

Margin of Safety is calculated by using

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Q1120

Number of columns made in journal are-

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