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Q. Shares received from the new company are recorded at –

Q. Pre-acquisition profit in subsidiary company is considered as:

Q. The form of balance sheet is………………..

Q. Liquidator’s statement of receipts and payment is know as:

Q. Rights shares are those shares which are __________.

Q. Grants related to depreciable assets should be recognised as……., in the period in which their depreciation is charged

Q. If a share of Rs.10 is issued at a premium of 20%, the issue price is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Advanced tax paid by a banking company is shown as ---- in the Balance Sheet.

Q. Banking business in India is largely governed by the Banking Regulation Act‐‐‐‐‐‐‐‐‐