Accounting - Study Mode
[#236] If earning per share of X Co. is Rs. 15 and the price earning ratio of other similar companies is 10, then the market value of shares of X Co. will be:
Correct Answer
(B) Rs. 150
[#237] The original cast of a asset is Rs. 4,15,000 is. The useful life of the asset is 20 year and net residual value of estimated at Rs. 65,000. The amount of depreciation each year will be
Correct Answer
(B) Rs. 17,500
[#238] Deficiency or surplus account in the liquidation of a company is called
Correct Answer
(D) List-H
[#239] The basis of generally accepted accounting principles are
Correct Answer
(A) Assumptions
[#240] The bad debts that have been written off, if recovered subsequently then they are credited to
Correct Answer
(D) Profit and loss account