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Q. Preparation of Holding Companies Accounts Deals with :

Q. Amount due to workman is rank with ……………….in the event of liquidation of the company.

Q. Capital of a company can be reduced by …………

Q. ------ is a document which either creates or acknowledges a debt.

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

Q. Spreadsheet software can be utilize to generate accounting reports.

Q. The vendor company transfers preliminary expenses (at the time of absorption) to:

Q. Companies have a statutory obligation to prepare final accounts required by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies Act 1956.

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 --------