12. 12
The expenses which are incurred at the
beginning of the business, that are incidental
for the formation of a company and are
considered as deferred revenue expenditure,
are called - ----
The expenses that are incurred before
incorporation are called ----
14. 14
Balance of Profit & Loss a/c is transferred to --
--- side of shareholders account.
Credit balance of Profit & Loss a/c is
transferred to ----- side of Equity shareholders
account.
16. 16
---- is informal workplace dialogue in its purest
form; it is characterized by conversations
between employees and superiors that do not
follow any prescribed structure or rule-based
system. It spreads rapidly and likely touches
each person throughout the organization.
Informal communication within an
organization is called ----
19. In Case of Conversion of a
firm, all assets are
transferred to the debit side
of ------ account.
a) Realization
b) Revaluation
c) Profit & Loss Adjustment
d) Profit & Loss
19
In Case of Conversion of a
firm, all assets are
transferred to the debit side
of ------ account.
a) Realization
b) Revaluation
c) Partners’ Capital
d) Profit & Loss
25. Minority shareholders are the shareholders
who hold---------------- number of shares.
a) Minimum
b) Maximum
c) Sufficient
d) Majority
25
26. 26
Avoid framing complex
numerical in view of the
time constraint
Please avoid questions like
Calculate Goodwill, Calculate
PC, Valuation of Shares etc.