Corporate Accounting MCQs and Notes
M
Q 41. Goodwill incase of a joint stock on the assets side under the heading of ‐‐‐‐‐‐‐‐‐‐
M
Q 42. Fictitious Assets are shown on the asset side of the balance sheet of a company under the heading ‐‐ ‐‐‐‐‐‐‐‐‐
M
Q 43. Fictitious Assets shown on the Asset side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
M
Q 44. Fictitious assets are shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐side of the balance sheet.
M
Q 45. Calls in arrear is shown on the liability side of the balance sheet:‐
M
Q 46. Assets in to Balance sheet of a limited company are arranged in order of :‐
M
Q 47. Dividend paid are subject to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Tax @ 17% as per recent Finance Act
M
Q 48. Dividend paid or declared are subject to corporate Dividend Tax @ 17% as per recent ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
M
Q 49. Dividend paid or declared are subject to corporate dividend Tax @ ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ as per recent finance Act.
M
Q 50. Ordinarily ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are available for the distribution of dividend.
Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.
