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Financial State...

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  • Question 1
    1 / -0

    Forfeited shares account (not yet re-issued) is shown under the heading ___________.

  • Question 2
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    Fire Insurance premium paid on $$1st$$ October $$2011$$ for the year ended on $$30th$$ September, $$2012$$ was Rs.$$2,400$$ and Fire Insurance premium paid on $$1st$$ October, $$2012$$ for the year ending on $$30th$$ September, $$2013$$ was Rs.$$3200$$. Fire Insurance premium paid as shown in the profit and loss account for the accounting year ended $$31st$$ December, $$2012$$ would be__________.

  • Question 3
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    XYZ Ltd issues 500000 new ordinary Rs 1 shares at an issue price of Rs 1.50 and makes a bonus Issue of new shares amounting to 50000 Rs 1 ordinary shares. The company also increases its authorized ordinary share capital by 550000 Rs 1 ordinary shares. By how much will the balance sheet ordinary share capital account increase?

  • Question 4
    1 / -0

    If prepaid rent appears in trial balance, while preparing the final accounts it will be shown in_________________.

  • Question 5
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    A contingent asset is a possible asset that arises from_________the existence of which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the enterprise.

  • Question 6
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    Premium received on issue of shares are shown under the head _________ in Balance Sheet.

  • Question 7
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    A contingent asset is a possible asset that arises from past events the existence of which will be confirmed only by the'_____________'of one or more uncertain future events not wholly within the control of the enterprise.

  • Question 8
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    Closing stock appearing in the Trial Balance is shown in____________.

  • Question 9
    1 / -0

    In which of the following opening stock does not appears?

  • Question 10
    1 / -0

    If closing stock appears in the trial balance then it appears in _______.

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