Accounting - Study Mode
[#1221] Under which head of the liability side of a company's balance sheet, 'unclaimed dividend' will be shown?
Correct Answer
(C) Current liabilities
[#1222] Rights shares are the shares
Correct Answer
(B) offerred to the existing equity shareholders
[#1223] Balance of petty cash book represents
Correct Answer
(C) An assets
[#1224] A limited company issued equity shares of Rs. 100 each. It has called-up Rs. 75 on each share, but received only Rs. 60 per share. The share capital account will be credited with
Correct Answer
(A) Rs. 75 per share
[#1225] Which of the following is not correct:
Correct Answer
(D) Cost of goods sold - closing stock - Purchases = Opening stock