List of practice Questions

Sweat equity shares are issued to:

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

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

Which of the following is a capital receipt?

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

An example of cash flow from financing activities is:

A company is incorporated by:

Discount on issue of share is:

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

The liability of members in a company is:

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?

Operating ratio is:

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

Creditors turnover ratio includes:

Cash Flow Statement is prepared from:

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

Which of the following is not an application of cash?

In partnership, preparation of partnership agreement is:

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

To become a partner it is essential to be:

In the absence of partnership deed, partner:

The balance of Current Account can be:

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

Liquid assets include: