Financial State...

Dividend may be declared out of ________.

Match the items of the following two lists:

The term "Financial Statement" covers _____________.

Which of the following are the postulates used while preparing financial statements?
a. Going concern postulates.
b. Money measurement postulates.
c. Realization postulates.
d. Depreciation postulates.

Which of the following are the objective of financial statements?
A. To provide information about economic resources and obligations of a business.
B. To provide information about the earning capacity of the business.
C. To not judge effectiveness of management.
D. Disclosing accounting policies.

The paid-up capital of Mukund Ltd. is Rs $$18,00,000$$. The company decided to propose a dividend of Rs $$2,16,000$$ out of current profit. How much of current profit is to be transferred to reserve?

Faina Electronics Pvt. Ltd. provides following information regarding an item
Normal usages:50 per week
Maximum usages : 75 per week
Minimum usages : 25 per week
Re-order quantity : 300
Re-order period : 4 to 6 weeks
What will be the Re-order-Level of the company ?

Which among these is true?

Match List-I with List-II and select the correct answer using the codes given below the lists:

Redeemable preference shares of $$Rs. 2,00,000$$ are redeemed at par for which purpose fresh equity capital of $$Rs. 80,000$$ is issued at par. What amount should be transferred to Capital Redemption Reserve account?