Multiple Choice
Debentures issued as Collateral Security for Rs. 10,000 will be debited to:
A) Debentures Suspense Account
B) Bank Account
C) Debentures Account
D) Collateral Security
Correct Answer:
Verified
Correct Answer:
Verified
Q4: In this method depreciation is charged on
Q5: Depreciation is the process of:<br>A)Apportionment of the
Q6: These reserves are created out of capital
Q7: These are the reserves created only to
Q8: Reduction in the book value of an
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
Q14: The amount of share premium received by