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Financial State...

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  • Question 1
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    The __________ is defined as "a Statement which sets out the assets and liabilities of a business and which serves to ascertain the financial position of the same on any particular date."

  • Question 2
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    __________ is a summary of all assets and liabilities on a particular date.

  • Question 3
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    Only personal and Real accounts are shown in _______.

  • Question 4
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    A private company should have at least __________.

  • Question 5
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    Markets which bring closer institutions needing funds and with surplus funds are classified as _____________.

  • Question 6
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    In India there are _________ recognized stock exchanges at present.

  • Question 7
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    Professionals such as doctors, accountants and lawyers often make corporations are classified as __________________.

  • Question 8
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    Point in joint production process, in which two or more products are separately identifiable is termed as ________________.

  • Question 9
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    In the company's balance sheet, unclaimed divided should be shown under which of the following heads ___________.

  • Question 10
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    The ACC (Associated Cement Company) is an example of ______ combination.

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