91. A and B are partners sharing profits and losses in the ratio of 1 : 2. They admit c and agree to give him $$\frac{1}{5}$$ of the share. The new profit sharing ratio will be:
92. Share forfeiture account is shown in the liabilities side under
93. Amount of minimum share subscritption is
94. Right shares means those shares which are
95. When shares are forfeited, the share capital account is debited by
96. Realisation principle of accounting does not apply to:
97. In an organization purchase book records-
98. An insurance claim of Rs. 3,000 was accepted in respect of stock of Rs. 5,000 which was destroyed by fire. Balance of Rs. 2,000 would be debited to
99. The balance amount in the Joint Life Insurance Policy Reserve Account is transferred to
100. As shareholders holding 500 shares of Rs. 10 each issued at 10% discount pays Rs. 2 on application and Rs. 3 on allotment. However he fails to pay Rs. 3 on first call. His shares were forfeited and re-issued at Rs. 6 per share. Amount transferred to capital reserve will be
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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 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- 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