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Q. The term banking is defined in section ….

Q. Correcting the recognition measurement and disclosure of amounts in financial statements as if a prior period error had never occurred. This is:

Q. When purchasing company pays purchase consideration, it will be debited to

Q. While preparing P/L account , rebate on bills discounted to be provided shall be deducted from discount received in --------

Q. Preference shares cannot be redeemed at ………..

Q. Which type of asset class includes those assets which have only definite use and become valueless when the yield is over?

Q. The long term assets that have no physical existence but, possess a value is known as,

Q. After the redemption of debentures, any credit balance in the Sinking Fund a/c is transferred to -------- a/c.

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