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Q. Which accounting concept specifies the practice of crediting closing stock to the trading account?

Q. If a partner takes over an asset of the firm, his capital account:

Q. Right share are not offered to the existing equity shareholders if:

Q. When all partners are insolvent creditors will be:

Q. Revaluation account is operated to find out gain or loss at the time of:

Q. The difference between goods sent by H.O. and received by branch is known as _______

Q. The partnership may come to an end due to the:

Q. Under debtors system which account is prepared by head office to calculate profit or loss of each branch:

Q. The persons who have entered into a partnership business are individually called:

Q. Preference shares have priority over equity shares for