List of top Accountancy Questions

Payment of honorarium to Secretary is treated as:

Which of the following is a revenue expenditure?

Which of the following shows transactions related to one year?

What is used to prepare the opening Balance Sheet?

Entrance fee is treated as:

Donations received for specific purpose are treated as:

Balance of Share Forfeiture A/c is shown in the Balance Sheet under the item:

To whom is dividend given at a fixed rate in a company?

Which of the following is a capital receipt?

A company issued 10,000 shares of Rs. 10 each at a premium of 10%. The amount of premium will be:

Sweat equity shares are issued to:

The surplus/deficit of not-for-profit organisation is ascertained by:

Which of the following should be deducted from the called-up capital to find out paid-up capital?

A company is incorporated by:

An example of cash flow from financing activities is:

The amount received over and above the par value is credited to which account?

The liability of members in a company is:

A company issues its shares at a premium under which section of Indian Companies Act, 2013?

Discount on issue of share is:

Cash Flow Statement is prepared from:

Which of the following is not an application of cash?

While preparing the Cash Flow Statement, the ‘cash purchase of building’ will be classified as:

Tangible assets of a company are increased from Rs. 4,00,000 to Rs. 5,00,000. What is the percentage of change?

Operating ratio is:

Creditors turnover ratio includes: