Multiple Choice
The amount of share premium received by the company is shown in the Balance Sheet under the heading:
A) Equity and Liabilities
B) Reserves and Surplus
C) Non-Current Assets
D) All of above
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Debentures issued as Collateral Security for Rs.
Q10: Depletion applies to_<br>A)Current assets.<br>B)Wasting assets<br>C)Intangible assets<br>D)Fixed assets
Q11: Securities Premium Account is shown on the
Q12: A company is a person created by<br>A)Human
Q13: Depreciation is charged on_<br>A)Continuous basis<br>B)Temporary basis<br>C)Daily basis<br>D)Monthly
Q15: In case debentures of Rs. 10,000 are
Q16: Which of the following is not one
Q17: Annual depreciation of machine is 40000, cost
Q18: XYZ has imported a machine from abroad.
Q19: Discount allowed on reissue of forfeited shares