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Admission of a ...

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  • Question 1
    1 / -0

    In settling the accounts of the firm after dissolution, the goodwill of the firm can be sold ____________.

  • Question 2
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    Match the following.

    AB
    $$1$$.Patents and copyright$$1$$.Admission of partner
    $$2$$.Raising goodwill$$2$$.Conservation
    $$3$$.Forfeiture$$3$$.Fictitious Assets
    $$4$$.Provision for discount on debtors$$4$$.Shares

  • Question 3
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    $$XYZ$$ Associates a registered firm closes its business at Delhi, the notice thereof to the Registrar of firms can be given by _______.

  • Question 4
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    A firm has goods worth Rs. $$120,000$$ available for sale. If the firm intends to earn a profit of $$20\%$$ of total sales. What should be the total selling price of the goods available for sale

  • Question 5
    1 / -0

    The concept of partnership commensurate with _______.

  • Question 6
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    An action for indemnity against a partner can be brought by ______.

  • Question 7
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    Goodwill, Trade Marks, Patents and Copyright constitutes __________.

  • Question 8
    1 / -0

    Which of the following is an example of real asset

  • Question 9
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    X and Y enters into a Joint venture for sale of antique items, X send goods worth Rs 60000 to Y 3/4 of which were sold by Y for Rs 90000 and remaining were taken over by him at the same gross profit margin at which the goods were sold to the outside customers less 20% discount on such value. What is the profit on this particular Joint Venture

  • Question 10
    1 / -0

    If there is no agreement between the partners a partner is entitles to have __

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