Multiple Choice
On amalgamation, if the dissolution expenses are paid as well as borne by the purchasing company
A) Entries are passed in the books of the purchasing as well as the vendor company
B) no entry is passed in the books of the vendor company
C) no entry is passed in the books of the purchasing company
D) no entry is passed in the books of the purchasing as well as the vendor company
Correct Answer:
Verified
Correct Answer:
Verified
Q1: On amalgamation, Share issue Expenses A/c appearing
Q3: The Charter document or the formation document
Q4: Single entry system contains<br>A)All the relevant accounts<br>B)Only
Q5: When closing capital is less than opening
Q6: In absence of LLP agreement the mutual
Q7: Businessmen may intentionally not maintain proper accounts<br>A)to
Q8: If Building (closing) Rs.100,000, Land (opening) Rs.
Q9: If opening capital is Rs.10,000 & closing
Q10: Prepaid expenses are shown under<br>A)Loans and advances
Q11: _is a person who is designated as