Accounting - Practice Test

(A) By redemption of debentures

(B) By increasing the rate of interest on debentures

(C) By issue of bonus shares

(D) By increasing the number of shares

(A) By redemption of debentures

(A) calculated

(B) not calculated

(C) calculated and credited to Realisation a/c

(D) calculated and directly credited to capital accounts of partners

(B) not calculated

(A) Profit and Loss

(B) Liabilities

(C) Number of Employees

(D) Assets

(C) Number of Employees

(A) A stable liquidity

(B) An increasing liquidity

(C) A strained liquidity

(D) Satisfactory current solvency

(C) A strained liquidity

(A) A person earns Rs. 500 profit selling his old T.V.

(B) Activities of an insurance company

(C) Running a provisional store

(D) Cooking and selling food in a hotel

(A) A person earns Rs. 500 profit selling his old T.V.

Accounting - Study Mode