Multiple Choice
Accounting in india is governed by the -----
A) Income tax department
B) Company law board
C) Institute of chartered accountants of india
D) Reserve bank of india
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Unclaimed dividend is shown in the B/S
Q14: Preliminary expenses is an example of<br>A)Fixed asset<br>B)Current
Q15: In the balance sheet of a company,
Q16: The international accounting standard Committee was set
Q17: Which of the following should be deducted
Q19: The fundamental accounting equation Assets = liabilities
Q20: Net worth of business means<br>A)Total assets<br>B)Fixed assets
Q21: Discount on shares and debentures are shown
Q22: In the case of joint stock company,
Q23: Outstanding expenditure is a _ account.<br>A)Nominal<br>B)Personnel<br>C)Real<br>D)Current