1. AS-3 is related to
2. Which one of the following statement is not true?
3. Gross Profit is equal to
4. Dissolution of partnership between all partners of firm is called . . . . . . . .
5. Amount received from joint life policy in case of a death of a partner will be credited in partner's capital account to
6. In case of a company, total assets less outside liabilities is called:
7. For paying liabilities not taken over by the purchasing company, the vendor company credits
8. A motor car which was purchased for Rs. 20,000 had its book value Rs. 12,000 was sold for Rs. 25,000, the capital profits will be:
9. If a machinery of Rs. 7,20,000 is purchased against the issue of fully paid shares of Rs. 8,00,000, then balance of Rs. 80,000 is debited to
10. The minimum amount that should be called by a company with application for its shares is the following per cent of face value of shares:
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 16
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25