Accounting - Study Mode
[#671] If debenture valuing Rs. 3,25,000 were issued against net assets of Rs. 3,50,000 the balance of Rs. 25,000 would be credited to-
Correct Answer
(A) Capital reserve account
[#672] Current assets are convertible into cash during which of the following periods?
Correct Answer
(B) 12 month
[#673] Management Accounting deals with
Correct Answer
(C) Both the A and B
[#674] Unless written off the loss on issue of debentures is shown:
Correct Answer
(A) On the assets side of Balance Sheet
[#675] If Price - earning ration is 0.05 and Earning per share (EPS) is Rs. 8 then the market value of shares will be
Correct Answer
(D) 0.40