1. Dividend per share in a company Rs. 2, earning per share is Rs. 5 and the market value of the share is Rs. 25. What will be its yield?
2. If the current ratio is 2 : 1 and working capital is Rs. 60,000, what is the value of the Current Assets?
3. If current ratio is 1.75 : 1, working capital Rs. 1,12,500 and stock Rs. 82,500, then Acid test ratio will be:
4. What is the generally accepted basis of valuation of fixed assets:
5. In which order should the following items be shown in the Balance Sheet of a company:
1. Fixed Assets
2. Share held as permanent investments
3. Current Assets
4. Profit and Loss (Dr.)
Select your answer:
1. Fixed Assets
2. Share held as permanent investments
3. Current Assets
4. Profit and Loss (Dr.)
Select your answer:
6. Match the following:
List-I
List-II
a. Compulsory Dissolution
1. Section 44
b. Dissolution by Court
2. Section 41
c. Dissolution by Notice
3. Section 42
d. Contingent Dissolution
4. Section 43
List-I | List-II |
a. Compulsory Dissolution | 1. Section 44 |
b. Dissolution by Court | 2. Section 41 |
c. Dissolution by Notice | 3. Section 42 |
d. Contingent Dissolution | 4. Section 43 |
7. X and Y are partners sharing the profit in the ratio of 3 : 2. They take Z as the new partner who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill, New profit sharing ratio is 1 : 1 : 1. Z is able to bring only his share of capital. How this will be treated in the books of the firm?
8. A company pays to its sundry creditors a sum of Rs. 10,000. This transaction will:
9. A and B sharing profits in the ratio of 3 : 2 took out a joint-life policy of Rs. 20,000 on 1st January 2000 for 20 years, paying annual premium of Rs. 1000. The surrender values of the policy were: 2000 - nil, 2001 - Rs. 550, 2002 - Rs. 970.
On 8th march 2002 B was dead. What will be the amount to be paid to the policy holders-
On 8th march 2002 B was dead. What will be the amount to be paid to the policy holders-
10. If cost of goods sold is Rs. 1,20,000, gross loss is 25% of sales, then what is amount of sales?
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- 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 11
- 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