Miscellaneous In Commerce - Study Mode

[#206] Proprietor (owner) is treated as creditor of business due to:
Correct Answer

(C) Entity Concept

[#207] . . . . . . . . is a summary of all transactions relating to particular account.
Correct Answer

(C) Ledger

[#208] The Cash account on the balance sheet should not include which of the following items?
Correct Answer

(A) Travel advances to employees

[#209] The current market price of a company's share is Rs. 90 and the expected dividend per share next year is Rs. 4.5. If the dividend is expected to grow at a constant rate of 8%, the shareholder's required rate of return will be
Correct Answer

(D) 13%

[#210] The combination movement in cotton textile industry of India started in:
Correct Answer

(A) 1875