Multiple Choice
In the case of joint stock company, goodwill is shown on the asset side under the head.
A) Non current asset
B) Investment
C) Current asset
D) Miscellanious expenditure
Correct Answer:

Verified
Correct Answer:
Verified
Q15: In the balance sheet of a company,
Q16: The international accounting standard Committee was set
Q17: Which of the following should be deducted
Q18: Accounting in india is governed by the
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
Q23: Outstanding expenditure is a _ account.<br>A)Nominal<br>B)Personnel<br>C)Real<br>D)Current
Q24: _ deals with the depreciation account.<br>A)AS4<br>B)AS6<br>C)AS10<br>D)AS13
Q25: Interim dividend paid is always shown<br>A)In P/L