61. 50,000 equity shares of Rs. 10 each, issued at Rs. 20, for the purpose of redemption of preference share capital amounting Rs. 7,50,000. How much amount will be transferred to capital redemption reserve?
62. A and B are partners sharing profits and losses in proportion 2 : 1. They admits new partner C hom they give $${\frac{1}{5}^{{\text{th}}}}$$ share in profits. The new profit sharing ratio will be:
63. If current ratio is 2.5, acid test ratio is 1.5 and net working capital is Rs. 45,000, the amount of current liabilities will be:
64. Dissolution of a firm takes place-
65. Over capitalisation may be remedied by:
66. Statement I Capital expenditure benefits the current accounting period.
Statement II Capital expenditure will also benefit the next accounting period.
Statement II Capital expenditure will also benefit the next accounting period.
67. After redemption of debentures, the balance of Debenture Redemption Reserve Account is transferred to
68. A dominant partner is one:
69. The lower stock is the periodic indicator-
70. An 'insolvent' is a person who is
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- Accounting - Section 1
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- Accounting - Section 5
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- Accounting - Section 12
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- Accounting - Section 14
- Accounting - Section 15
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- Accounting - Section 20
- Accounting - Section 21
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- Accounting - Section 24
- Accounting - Section 25