List of top Accountancy Questions

All receipts of capital nature are shown in:

In which year did the Partnership Act come into force?

Legacies should be treated as:

Common size financial statements are mostly prepared in the form of:

Financial analysis is useful for:

Which year can be selected for calculating trend percentage?

Which of the following is not the method of financial statement analysis?

Sales less cost of goods sold is called:

Fixed Assets are shown:

When financial statements of two or more organisations are analysed, it is called:

Parties interested in financial statements are:

The form of Balance Sheet as per Companies Act, 2013 is:

If at the time of dissolution nothing is said about liabilities, then:

Unrecorded liabilities when paid are shown in:

When a partner takes responsibility to make payment of any outside liability of the firm, the account credited will be:

Amount realised from sales of assets, on dissolution of firm is recorded in:

On dissolution of the firm, Partners’ Capital Accounts are closed through:

The term ‘Financial Statement’ includes:

On the death of a partner, final payment is made through:

On death of a partner, the firm gets for joint life policy taken for all partners:

At the time of dissolution of firm, book value of assets is recorded in which side of Realisation Account?

Legal expenses are recorded in which side of Realisation A/c?

Financial Statement is:

When is the partner’s executor account opened?

Patents and copyrights fall under which category?