Accounting - Study Mode
[#686] Limited Partnership form of business organisation means
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(B) the liability of some partners limited
[#687] Dividend declared and paid by a company is
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(C) the distribution of profit earned by the company
[#688] It is given in adjustment that during the accounting year, the trader distributed goods worth Rs. 5,000 as free samples. While preparing Final Accounts, this will be shown in
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(B) Both in Trading and Profit and Loss Account
[#689] AS-37 does not apply to contingent liabilities of
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(D) insurance companies
[#690] X Ltd. goes into liquidation and a new company Z Ltd. purchases the business of X Ltd. It is a case of:
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(D) External reconstruction