Accounting - Practice Test

(A) companies listed on a recognized stock exchange

(B) companies engaged in manufacturing business

(C) companies engaged in manufacturing and trading business

(D) all types of business undertakings

(A) companies listed on a recognized stock exchange

(A) Sales - Operating Expenses - Interest - Tax

(B) Sales - Operating Expenses

(C) Net Profit after tax + Depreciation

(D) Gross Profit + Depreciation

(C) Net Profit after tax + Depreciation

(A) Date of attaining majority

(B) From the date he enters into partnership to get profit

(C) When he decides to be a partner

(D) Date of his admission into the firm

(B) From the date he enters into partnership to get profit

(A) 3 : 2

(B) 2 : 3

(C) $$frac{1}{2}$$ and $$frac{1}{3}$$

(D) 1 : 1

(A) 3 : 2

(A) Rs. 456

(B) Rs. 475

(C) Rs. 480

(D) Rs. 500

(A) Rs. 456

Accounting - Study Mode