91. If an entity owns directly or indirectly more than 50% of voting rights, control is presumed unless clearly proven that it is not control. Sometimes control exists, even if there is less than 50% of voting rightes exist. State which of the followings is/are example(s) of control even if voting power is less than 50%
92. By which of the following the working capital will not change?
93. Which of the following is transferable merely by delivery:
94. In case of a retirement of a partner total amount of goodwill is credited to:
95. Mr. Smith applied for 200 shares at Rs. 10 per share, but 160 shares were alloted to him. After paying Rs. 2 per share on application he did not pay the allotment money of Rs. 2 per share and first call money of Rs. 3 per share. What is the outstanding amount on the shares alloted to Mr. Smith?
96. The originator of the double entry system, Lucas Pacioli was resident of
97. Capital account comes under which concept?
98. A limited company forfeited 100 share (fully called-up) for non-payment of Rs. 4 per share. Out of these 50 share were re-issued at Rs. 8 per share. What will be amount transferred to capital reserve
99. Best indicator of the overall efficiency of a business concern is:
100. The credit balance in the Income and Expenditure A/c indicates:
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
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- Accounting - Section 21
- Accounting - Section 22
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- Accounting - Section 25