Divisible profit do not include
A) Insurance fund
B) Reserve fund,
C) profit and loss account balance
D) revaluation reserve
Correct Answer:
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Q6: Accounting in india is governed by the
Q7: Interim dividend paid is always shown
A)In P/L
Q8: Unclaimed dividend is shown in the B/S
Q9: Debentures are shown in the B/S under
Q10: Preliminary expenses is an example of
A)Fixed asset
B)Current
Q12: loose tools are shown in the B/S
Q13: Discount on shares and debentures are shown
Q14: In the case of joint stock company,
Q15: Which of the following item will be
Q16: Which of the following would not appear
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