Section 1
Section 2
Section 3
Section 4
Section 5
Section 6
Section 7
Section 8
Section 9
Section 10
Section 11
Section 12
Section 13
Section 14
Section 15
Section 16
Section 17
Section 18
Section 19
Section 20
Section 21
Section 22
Section 23
Section 24
Section 25
Section 26
Section 27
Section 28
Section 29
Section 30
1. If Rs. 3,000 was outstanding at the beginning of the year towards subscription, and Rs. 20,000 is received during the year, with Rs. 5,000 still outstanding at the end of the year, the amount to be taken to Income and Expenditure Account will be:
2. At the time of sale of a firm, the purchase consideration received in the form of shares and debentures will be distributed among the partners, in the ratio of:
3. If total sales are Rs. 1,00,000 cash sales included in total sales Rs. 20,000, sales back Rs. 7,000. Total debtors for sale as on 31st March, 1993 Rs. 9,000, and bills receivable as on 31st March, 1993 is only Rs. 2,000. The average payout period would be for the year 1992 - 93.
4. A and B are partners in a firm sharing profit and loss in the ratio of 3 : 2. They admit C into a partnership for $${\frac{1}{8}^{{\text{th}}}}$$ share, and the new ratio between A and B is 4 : 3. The sacrificing ratio is
5. Given
Net Profit = Rs. 1,50,000
Preference Dividend = Rs. 25,000
Taxes = Rs. 10,000
Equity Capital (Rs. 10 each) = Rs. 10,00,000
What is the Earning Per Share (EPS)?
Net Profit = Rs. 1,50,000
Preference Dividend = Rs. 25,000
Taxes = Rs. 10,000 Equity Capital (Rs. 10 each) = Rs. 10,00,000
What is the Earning Per Share (EPS)?
6. BEP is computed by:
7. Which of the following assets do not attract depreciation
8. Which one of the following is not included in the classification of flow?
9. When two or more firm merge then the process is known as
10. Goodwill' is what type of asset?
Read More Section(Accounting)
Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
- Accounting - Section 8
- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- Accounting - Section 16
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 19
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25
- Accounting - Section 26
- Accounting - Section 27
- Accounting - Section 28
- Accounting - Section 29
- Accounting - Section 30