Accounting - Study Mode
[#1271] If preference shares of Rs. 2,50,000 are to be redeemed and for that 12,500 equity shares of Rs. 10 each are to be issued at 10% discount, then the amount transferred to capital redemption fund will be
Correct Answer
(C) Rs. 1,37,000
[#1272] Give: Current ratio 2.5 Liquid ratio 1.5 Working capital Rs. 1,20,000 Fixed Assets Rs. 3,00,000 Stock in trade will be:
Correct Answer
(B) Rs. 80,000
[#1273] Calls paid in advance is shown separately on the following:
Correct Answer
(A) liabilities side of B/s
[#1274] The break even point at which-
Correct Answer
(D) All of the above
[#1275] Accounting process does not include:
Correct Answer
(C) Simplifying