Financial Accounting
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Q 611. The excess amount which the firm can get on selling its assets over and above the saleable
value of its assets is called
Sol:
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Q 612. Break-even indicates Sol:
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Q 613. Goodwill is defined as Sol:
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Q 614. . Unsecured debentures are called as ……………….debentures
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Q 615. . …………debentures are secured by the assets of the company
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Q 616. . ………..debentures are transferable by mere delivery
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Q 617. . …………..debentures can be transferred only with the knowledge of the company.
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Q 618. . ……………is an instrument of acknowledgment of debt.
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Q 619. . …………..is that portion of issued capital which is applied for by the public.
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