Multiple Choice
The minimum share application money is
A) Rs.5 per share
B) 5% of nominal value of shares
C) 10% of nominal value of shares
D) 20% of nominal value of shares.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: Credit sales can be ascertained by preparing<br>A)Creditors
Q48: Under single entry system details of<br>A)Expenses will
Q49: Income and Expenditure A/c reveals<br>A)Cash in hand<br>B)Surplus
Q50: Under single entry system, certain transactions are
Q51: Out of the following items, which one
Q53: The content of single entry system is<br>A)Double
Q54: When closing capital is more than opening
Q55: Income and Expenditure Account reveals<br>A)Surplus or Deficiency<br>B)Cash
Q56: Credit purchases can be ascertained by preparing<br>A)Creditors
Q57: Procedure of conversion of Single entry books