Accounting - Study Mode
[#1506] Kinds of share capital is:
Correct Answer
(C) Equity share capital
[#1507] Which of the following item will have credit balance?
Correct Answer
(C) Declared but unpaid dividend
[#1508] If the good will raised at the time of retirement of a partner is to be written off, then the capital accounts of the remaining partners are debited in:
Correct Answer
(C) Old profit sharing ratio
[#1509] Provision for doubtful debts account is a:
Correct Answer
(B) Real account
[#1510] An amount of Rs. 1000 is debited twice in the pass book. When overdraft as per the cash book is the starting point . . . . . . . .
Correct Answer
(B) Rs. 1000 will be added