113.
Intrinsic value of a share is given by

114.
Assertion (A) Personal transactions of the owners of the business are not recorded in the books.
Reason (R) According to the business entity concept, each business enterprise is considered as an accounting unit separate from owners.

115.
Given below are two statements, one labelled as Assertion (A) and the other as Reason (R):
Assertion (A): Capital expenditure is incurred for the purpose of acquiring fixed assets.
Reason (R): Capital expenditure item is shown in the asset side of the Balance sheet.
Select the correct answer:

117.
If vendors are issued debentures of Rs. 1,00,000 in consideration of net assets of Rs. 1,20,000, the balance of Rs. 20,000 will be credited to:

118.
Match List-I with List-II and select the correct answer:
List-I List-II
a. Financial Leverage 1. Efficiency
b. Quick Ratio 2. Profitability
c. Stock Turnover 3. Risk
d. Margin on sales 4. Liquidity