List of top Accountancy Questions

Current assets include only those assets which are expected to be realised within:

Liquid assets include:

In the absence of partnership deed, partner:

Which of the following items is not taken into consideration while computing current ratio?

In partnership, preparation of partnership agreement is:

To become a partner it is essential to be:

When capital is fixed, the capital accounts of partners show:

The balance of Current Account can be:

For the firm, interest on partner’s drawings is a/an:

All receipts of capital nature are shown in:

In which year did the Partnership Act come into force?

Legacies should be treated as:

Subscription received in advance is:

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

Parties interested in financial statements are:

Financial analysis is useful for:

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

Fixed Assets are shown:

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:

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

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

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

The term ‘Financial Statement’ includes: