11. According to revised accounting standard-3, the purchase of fixed assets is considered
12. Registration of Partnership firm is . . . . . . . . .
13. If debenture valuing Rs. 3,25,000 were issued against net assets of Rs. 3,50,000 the balance of Rs. 25,000 would be credited to-
14. Current assets are convertible into cash during which of the following periods?
15. Management Accounting deals with
16. Unless written off the loss on issue of debentures is shown:
17. If Price - earning ration is 0.05 and Earning per share (EPS) is Rs. 8 then the market value of shares will be
18. On admission of new partner, increase in value of assets is credited to
19. Match the following:
List-I
List-II
a. Admission
1. Gaining ratio
b. Retirement
2. Equal ratio
c. Revaluation
3. Sacrificing ratio
d. No partnership deed
4. Old ratio
| List-I | List-II |
| a. Admission | 1. Gaining ratio |
| b. Retirement | 2. Equal ratio |
| c. Revaluation | 3. Sacrificing ratio |
| d. No partnership deed | 4. Old ratio |
20. The first person to publish principles of double entry system was
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 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