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Q. The principle of subrogation is applicable to……………

Q. Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.

Q. …….is a reserve created to meet any loss due to natural calamities.

Q. Conversion of physical shares in to electronic securities is called….

Q. Which of the following cost models is not permitted under Ind AS 2?

Q. The convergence of the Indian Accounting Standards with IFRS began in

Q. The buy back of shares is also known as ……..

Q. When 500 shares of Rs. 10 each on which Rs.3 on final call is not paid, share forfeited account is credited with ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. The share of outsiders in the Net Assets in subsidiary company is known as under :