Accounting - Study Mode
[#2381] Discount allowed on reissue of forfeited shares is debited to
Correct Answer
(C) Forfeited Shares A/c
[#2382] Income is measured on the basis of
Correct Answer
(C) matching concept
[#2383] Which of the following techniques for appraisal of investment proposals are based on time value of money? 1. Accounting Rate of Return 2. Internal Rate of Return 3. Profitability Index Method 4. Earnings Per Share
Correct Answer
(B) 2 and 3
[#2384] Which of the following statement is true? Redeemable Preference Shares can be redeemed
Correct Answer
(C) out of profits
[#2385] Calls in advance account is whown seperately in
Correct Answer
(C) liability side of balance sheet