Accounting
Description: Accounting | |
Number of Questions: 14 | |
Created by: Preeti Dasgupta | |
Tags: Commerce Class XI / XII |
When two or more companies liquidate to form a new company, what is this process called?
A, B and C are partners in a firm. If Z wants to join the firm as a new partner, which of the following has to be done?
Which of the following applies to salary received by members of parliament?
Ram and Mohan are partners in a firm. They admitted Sohan into the partnership giving him fourth share in future profits. The new profit sharing ratio of all the partners will be
If sales are Rs. 12000, opening stock is Rs. 2200, closing stock Rs. 1000, purchases Rs. 6400, carriage inward Rs. 300, what will be the cost of goods sold?
Unclaimed dividend is shown in balance sheet under which of the following?
Depreciation is allowed on which of the following?
A limited company issued equity share of Rs. 100 each . It has called up Rs. 85 per share but received only Rs. 70 per share. The share capital account will be credited with which of the following?
'Surprise Checks' is a part of which of the following?
Which of the following is a correct way to calculate long term liability?
How many times does the statutory meeting of the company occur?
The new machinery installation expenses will be debited to which of the following accounts?
Personal account of suppliers are found in which of the following ledgers?
From the given data, calculate the amount of capital. Assets: Building = Rs. 22000, Stock = Rs. 10000, Cash = Rs. 1000 Liabilities : Creditors = Rs. 6000, Loan from bank = Rs. 8000