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Q. Legal expenses in respect of claims of an insurance company is shown in -----------

Q. The Profit and Loss Account of companies is prepared in the form ………….

Q. Under …………., the sum assured is given to the beneficiary only on death of policyholder.

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

Q. Premium on issue of debentures is a ‐‐‐‐‐‐‐‐‐‐‐.

Q. Under purchase method, the excess of net assets over purchase consideration is ……….

Q. Which of the following represents policy holders a/c?

Q. Dividend is payable on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the shares.

Q. Preference shareholders are…………

Q. ------ implies issue and allotment of shares to a selected group of persons and not to general public.