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Q. Which of the following a/c is debited when statutory reserve of the transferor company is taken over by the transferee company?

Q. The term banking is defined in section ….

Q. The assets that can be easily converted into cash within a short period (i.e., 1 year or less is known as,

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

Q. When an asset is sold or disposed of, where is the gain or loss recognised?

Q. The security premium account is shown in the balance sheet under the head……….

Q. Ordinarily ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are available for the distribution of dividend.

Q. Debentures constitute ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital of the company

Q. NPA for a period not exceeding 12 months is called as ----- asset.

Q. The maximum extent to which a company can raise share‐capital is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital.