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Financial State...

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  • Question 1
    1 / -0

    Flow of foreign loans and investments affect

  • Question 2
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    Match List-I with List-II and select the correct answer using the codes given below the lists:

    List-I(Item of balance sheet of company)List-I(Heading of balance sheet)
    (a) Profit prior to Incorporation1. Provisions
    (b) Proposed dividend
    2. Misc.Expenditure
    (c) Interest paid out of Capital3. Current liabilities
    (d) Unclaimed dividend4. Reserve & surplus

  • Question 3
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    The debit balance of current account is shown on ___________________.

  • Question 4
    1 / -0

    Investment comes under the _______head.

  • Question 5
    1 / -0

    'Debenture Premium Account' is shown ___________________.

  • Question 6
    1 / -0

    The profit & loss disclosed by the accounts of a company is ________________.

  • Question 7
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    How the following liabilities are to be shown on the liability side of the balance sheet in the order of permanence ?
    1. Current liabilities and provisions
    2. Secured loans
    3. Share capital
    4. Unsecured loans
    5. Reserves and surplus 

  • Question 8
    1 / -0

    Consider the following statements :
    1. The companies Act, 2013 provides provisions related to uniform financial year from 1st April to 31st, March.
    2.  The companies Act, 2013 does not provides any provision related to 'Corporate Social Responsibility (CSR)'.
    3. The companies Act, 2013 was passed by 'Rajya Sabha' on 8th August,2013.
    Which of the above statement/s is/are not true ? 

  • Question 9
    1 / -0

    Redeemable Preference Shares of Rs. 2,00,000 are to be redeemed at a premium of $$10\%$$. Balance sheet shows profit Rs. 30,000. General Reserve - Rs. 20,000; Share Premium - Rs. 8,000 and Dividend Equalization fund Rs.50,000. How much fresh capital should be issued in order to comply with the provisions of Sec.80 of the companies act, 1956?  

  • Question 10
    1 / -0

    Share forfeited account is shown on the liability side of the balance sheet _____________.

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