Accounting - Study Mode
[#611] An expenditure is capital expenditure because
Correct Answer
(D) it is related to the benefit of future
[#612] Which of the following acid test ratio can be said to be satisfactory:
Correct Answer
(C) 1 : 1
[#613] Match List-I with List-II and choose the correct option: List-I List-II a. Surrender Value 1. Stock b. Share holder becoming insane 2. Insurance policy c. Share warrant 3. Transfer of shares d. Fully-paid shares 4. Negotiable Document
Correct Answer
(C) a-2, b-3, c-4, d-1
[#614] 'Proposed dividend' is shown under which head in company's balance sheet?
Correct Answer
(B) Provision
[#615] Paid-up current ratio = 2.8 Acid test ratio = 1.5 Working capital = Rs. 1,62,000 What will be liquid asset?
Correct Answer
(B) Rs. 1,35,000