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Q. Profit on the re‐issue of forfeited shares is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account.

Q. In case of redemption out f profit, an amount equal to face value of shares so redeemed should be transferred to …………

Q. The accounting concept that is principally used to classify leases into operating and finance is…….

Q. Accounting for amalgamation is given in….

Q. Interest on debenture is -----

Q. Calls in advance is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the balance sheet

Q. Advance tax paid is shown in the balance sheet under the head……….

Q. Accounting standards and Standards on Auditing establish standards which have to be complied with to ensure that financial statements are prepared in accordance with ______.

Q. Connectivity is acknowledge as a . . . . . . element of the computer system.

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