List of top Accountancy Questions

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

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

Which of the following is not an application of cash?

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

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

Cash Flow Statement is prepared from:

Operating ratio is:

Creditors turnover ratio includes:

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

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

In partnership, preparation of partnership agreement is:

Liquid assets include:

The balance of Current Account can be:

To become a partner it is essential to be:

In the absence of partnership deed, partner:

All receipts of capital nature are shown in:

Subscription received in advance is:

In which year did the Partnership Act come into force?

Legacies should be treated as:

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

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

Parties interested in financial statements are:

Which year can be selected for calculating trend percentage?

Sales less cost of goods sold is called:

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