51. If the articles of association of the company remains silent as the rate of interest to be paid for calls in arrears the directors can charge interest:
52. Unearned income is considered as
53. Find the cost of closing stock from the following
Current ratio = 2.5
Liquid ratio = 1.5
Working capital = 1,20,000
Fixed assets = 3,00,000
Current ratio = 2.5
Liquid ratio = 1.5
Working capital = 1,20,000
Fixed assets = 3,00,000
54. Capitalist industries results in
55. If the fixed cost is Rs. 40,000, variable cost per unit Rs. 2 and if the selling price per unit is Rs. 3. What will break even point (in-units)?
56. When amalgamation is in the nature of merger, the accounting method to be followed is
57. The main objective of preparing Income and Expenditure Account is to know:
58. Which of the following will not be the source for buying back of shares by a company?
59. Which of the following redeemable preference share due at Rs. 10 per share is suitable for redemption?
60. Which one of the following is not a method of depreciation?
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 11
- 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