51. Which one of the following errors will affect the Trial Balance:
52. Environmental accounting concept is applied on
53. A, B and C are three equal partners. D is admitted for $${\frac{1}{4}^{{\text{th}}}}$$ share. What is the sacrificing ratio?
54. Preparation of consolidated Balance Sheet of Holding Company and its subsidiary company is done as per
55. Which one of the following ratios is the indicator of the long term solvency of a firm?
56. A Ltd issued a prospectus inviting applications for 2,000 shares. Applications were received for 3,000 shares and pro-rata allotment was made on the applications of 2,400 shares. If A has been allotted 40 shares, how many shares he must have applied for?
57. Which one of the following will not affect the working capital?
58. The maximum number of partners in a firm has been specified by
59. If a firm considers advance received from its clients as its income, then it violates which of the following concepts?
60. Capital is considered as a business liability according to following concept of
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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 12
- Accounting - Section 13
- 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