11. Match the following:
List-I
List-II
a. Goodwill of a company
1. Current liability
b. Overdraft
2. Fixed assets
c. Preliminary expenses
3. Reserves surplus
d. Premium on issue of shares
4. Fictitious assets
List-I | List-II |
a. Goodwill of a company | 1. Current liability |
b. Overdraft | 2. Fixed assets |
c. Preliminary expenses | 3. Reserves surplus |
d. Premium on issue of shares | 4. Fictitious assets |
12. What type of account is revaluation account?
13. Gross Book Value of a fixed assets is its
14. Factory manager gets 10% commission on net profit after charging such commission. If profit is Rs. 2200 then commission will be?
15. The measure of a stock variable is-
16. Preparation of consolidated statement of accounts as per AS-21 is:
17. Garner Vs Murray rule is aplicable when
18. Discount on issue of Shares Account until written off is shown under
19. Margin of Safety is calculated by using
20. Number of columns made in journal are-
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 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