List of top Accountancy Questions

What do you mean by share capital of a company? Explain the main categories in which the share capital of a company is divided.
Why are the assets and liabilities of the firm revalued on the admission of new partner?
Give a specimen of vertical form of Balance Sheet.
Differentiate between Private company and Public company.
Explain the types of debentures from the security point of view.
Discuss the types of Preference shares.
Explain the method of calculation of Goodwill on the basis of superprofit.
Write two objectives of financial statements.
Write two characteristics of equity shares.
What is meant by Ratio Analysis?
Write two examples of cash inflows by financing activities.
State the types of debentures from the point of view of convertibility.
Explain any one method of calculation of interest on drawings.
What is meant by dissolution of partnership firm?
Explain Partnership Deed.
Write any two characteristics of partnership.
What is meant by reconstitution of partnership firm?
Which of the following is not a profitability ratio?
Cash flow statement is prepared from
Which of the following is not a part of financial statement of a company?
Zero coupon bonds are issued
A company has
The excess of average profit over the normal profit is called
Revaluation gains and losses are carried at the time of retirement
On dissolution of a firm, the final balance of Capital Account is transferred to