Q1941
Open questionWhich of the followeing is a leverage ratio?
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Q1942
Open questionManager's commission is given at the rate of 10% on the profits after giving commission to him. If the profit before giving commission is Rs. 1,54,000, then payable commission will be
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Q1943
Open questionThe relationship between liquidity and risk is
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Q1944
Open questionIf the fully paid-up shares of Rs. 80,000 are issued to sellers in consideration of net assts of Rs. 60,000 the balance of Rs. 20,000 will be
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Q1945
Open questionA, B and C start a business with each investing Rs. 20,000. After 5 months, A withdrew Rs. 6,000, B withdrew Rs. 4,000 and C invested an additional Rs. 6,000. At the end of the year, a total profit of Rs. 69,900 was recorded. Find the share of each
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Q1946
Open questionFurniture of book value of Rs. 1,500 was sold for Rs. 600 and the new fixture of Rs. 1,000 was purchased and carriage of Rs. 25 paid. The amount of capital expenditure will be:
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Q1947
Open questionIf company A purchases majority shares of company B, what is it called?
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Q1948
Open questionThe closing balance of the debtors was Rs. 12,000. The sales made to the customers during the year were Rs. 21,500 and Rs. 23,600 were realized from the customers. Debtors opening balance was-
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Q1949
Open questionA and B are partners sharing profits in the ratio of 3 : 2. Their books showed goodwill at Rs. 3,000. C is admitted with share of profit and brings Rs. 10,000 as his capital. But, he is not able to bring in cash for his share of goodwill Rs. 3,000. How will you treat this?
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Q1950
Open questionIn India, which of the following is prepared on the guidelines of AS-3 (Accounting Standard-3)?
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Q1951
Open questionIf preference shares of Rs. 2,50,000 are to be redeemed and for that 12,500 equity shares of Rs. 10 each are to be issued at 10% discount, then the amount transferred to capital redemption fund will be
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Q1952
Open questionGive:
Stock in trade will be:
| Current ratio | 2.5 |
| Liquid ratio | 1.5 |
| Working capital | Rs. 1,20,000 |
| Fixed Assets | Rs. 3,00,000 |
Stock in trade will be:
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Q1953
Open questionCalls paid in advance is shown separately on the following:
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Q1954
Open questionThe break even point at which-
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Q1955
Open questionAccounting process does not include:
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Q1956
Open questionA firms has inventory turnover of 3 and cost of goods sold is Rs. 2,70,000. With better inventory management, the inventory turnover is increased to 5. This would result in
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Q1957
Open question| Opening Stock | Rs. 15,000 |
| Purchases | Rs. 40,000 |
| Cost of goods sold | Rs. 52,000 |
| Sales | Rs. 57,000 |
Gross profit on gross loss is?
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Q1958
Open questionWhat is the prescribed order of writing the following provisions in the Balance Sheet of companies as required by the Indian Companies Act, 1956, Part I, Schedule VI:
1. Provision for contingencies
2. Proposed dividends
3. Provision for taxation
4. Provision for Provident Fund scheme
Select your answer:
1. Provision for contingencies
2. Proposed dividends
3. Provision for taxation
4. Provision for Provident Fund scheme
Select your answer:
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Q1959
Open questionIFRS-2 applies to share-based payment transactions in which an entity . . . . . . . . goods or services.
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Q1960
Open questionWhich of the following is correct?
1. Unrealised dividend is an asset to the company
2. Dividend declared between two annual general meeting is called interim dividend
3. A company can distribute both interim and final dividend in the same financial year
Choose the correct answer:
1. Unrealised dividend is an asset to the company
2. Dividend declared between two annual general meeting is called interim dividend
3. A company can distribute both interim and final dividend in the same financial year
Choose the correct answer:
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