Corporate Accounting

M

Mr. Dubey • 51.17K Points
Coach

Q 31. The difference between ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ receivable and dividend received is debited to tax deducted at source.

(A) Gross dividend
(B) Net dividend
(C) Average dividend
(D) Final dividend
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 32. The difference between Gross dividend receivable and dividend received is debited to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Tax deducted at source
(B) Dividend deducted at source
(C) Interest deducted at source
(D) None of these.
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 33. Uncliamed dividend is shown on the liability side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ under the heading current liabilities.

(A) Profit and loss account
(B) Income statement
(C) Revenue Account
(D) Balance sheet
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 34. Unclaimed dividend is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the balance sheet

(A) Assets side
(B) Credit side
(C) Liability side
(D) Debit side
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 35. Unclaimed dividend is shown on the liability side of the balance sheet under the heading:‐

(A) Reserves & Surpluses
(B) Current liabilities
(C) Provisions
(D) Unsecured Loans.
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 36. Share forfeited Account is shown on the liabilities side of the balance sheet‐‐‐‐‐‐‐‐‐‐‐‐

(A) By adding to the paid up capital
(B) Under the head reserves and surpluses
(C) Under the head current liabilities
(D) Under the head current Assets
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 37. Goodwill in case of a joint stock company is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side under the heading of intangible assets

(A) Liability side
(B) Asset side
(C) Credit side
(D) Debit side
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 38. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in case of a joint stock company is shown on the Asset side under heading of intangible assets

(A) Goodwill
(B) Plant & machinery
(C) Land
(D) Building
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 39. Goodwill incase of a joint stock on the assets side under the heading of ‐‐‐‐‐‐‐‐‐‐

(A) Fixed assets
(B) Current Assets
(C) Tangible assets
(D) Intangible assets
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.17K Points
Coach

Q 40. Fictitious Assets are shown on the asset side of the balance sheet of a company under the heading ‐‐ ‐‐‐‐‐‐‐‐‐

(A) Fixed assets
(B) Current assets
(C) Tangible assets
(D) Miscellaneous Expenditure
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share