Financial State...

If trail a balance does not tally inspite of thorough scrutiny and the difference is substantial, then which one of the following courses would be accountant adopt?

Balance sheet is prepared primarily with the following group in view of ____________.

'Proposed dividends' is shown in the balance sheet of a company under the head of _________.

Cost of goods sold- Rs. 13,300, Gross Profit - Rs. 3,200, Net profit - Rs. 700, what is the amount of sales?

Which of the following are not current liabilities?

A business concern provides the following details.
Cost of goods sold - Rs. 1,50,000
Sales - Rs. 2,00,000
Opening stock - Rs. 60,000
Closing stock - Rs. 40,000
Debtors - Rs. 45,000
Creditors - Rs. 50,000
The concerns, purchases would amount to (in Rs.) ____________.

Assets appearing in the book but having no value are known as ___________.

The movement of securities from one stock exchange to another with the object of reaping a profit from the disparity in share prices is called __________.

Given the following data extracted from the book of Abdul traders.
Opening stock - Rs. 30,000
Closing stock - Rs.40,000
Purchases- Rs.1,25,000
Carriage inwards-Rs.2,000
Carriage outwards- Rs.3,000
Return outwards- Rs.5,000
Sales - Rs.1,50,000
The cost of goods sold will be ____________.

The mutual obligations to be eliminated from the consolidated balance sheet are ___________.
$$1.$$ Cash in transit or goods in transit
$$2.$$ Contingent liabilities
$$3.$$ Loans payable and receivable
$$4.$$ Owing for services rendered