List of top Accountancy Questions

Parties interested in financial statements are:

Fixed Assets are shown:

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

Financial analysis is useful for:

Which year can be selected for calculating trend percentage?

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:

The term ‘Financial Statement’ includes:

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:

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

Financial Statement is:

Patents and copyrights fall under which category?

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?

When is the partner’s executor account opened?

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

Sale of marketable securities will be shown under:

An annual report is issued by a company for:

When debentures are issued at par and are redeemable at a premium, the loss on such an issue is debited to:

The balance of ‘Sinking Fund Account’ after the redemption of debentures is transferred to:

Provision for Tax is: