Please select a subject first
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Answer in one sentence only.
Who is called insolvent person?
Concept: Concept of Dissolution of Partnership Firm
State whether the following statement is True or False.
On dissolution Cash or Bank Account is closed automatically.
Concept: Concept of Dissolution of Partnership Firm
Write the word/phrase/term/ which can substitute the following statement.
Expenses incurred on dissolution of firm.
Concept: Concept of Dissolution of Partnership Firm
Do you agree or disagree with the following statement:
On dissolution, cash/bank account is closed automatically.
Concept: Concept of Dissolution of Partnership Firm
Give word / term or phrase for the following statement.
Excess of income over expenditure of a ‘not for profit’ concern.
Concept: Concept of Non-Profit Concerns
Answer the following question in only ‘one’ sentence.
What is ‘entrance fees’?
Concept: Additional Information - Capitalisation of Entrance Fees
Dissolution expenses are credited to ______.
Concept: Concept of Dissolution of Partnership Firm
If an asset is taken over by partner from firm his capital account will be ___________.
Concept: Concept of Dissolution of Partnership Firm
Assets and liabilities are transferred to Realisation Account at their ______ value.
Concept: Concept of Dissolution of Partnership Firm
Answer in one sentence only.
Who is called insolvent person?
Concept: Concept of Dissolution of Partnership Firm
State whether the following statement is True or False.
On dissolution Cash or Bank Account is closed automatically.
Concept: Concept of Dissolution of Partnership Firm
Write the word/phrase/term/ which can substitute the following statement.
Expenses incurred on dissolution of firm.
Concept: Concept of Dissolution of Partnership Firm
Do you agree or disagree with the following statement:
On dissolution, cash/bank account is closed automatically.
Concept: Concept of Dissolution of Partnership Firm
The debenture holder is owner of the company.
Concept: Concept of Debentures
Write a word / term / phrase as a substitute of the following statement.
The acknowledgement of debt under common seal of company.
Concept: Concept of Debentures
Capital balance is ascertained by preparing....................................
- Statement of affairs
- Cash account
- Drawing account
- Debtor’s account
Concept: Concept of Financial Statement Analysis
Give one word/term/ phrase for the following statement
Critical evaluation of financial statement to measure profitability.
Concept: Concept of Financial Statement Analysis
Answer in one sentence.
What is CAS?
Concept: Computerized Accounting System (CAS)
Write the word/phrase/term which can substitute the following statement:
Tally software is classified into this category
Concept: Computerized Accounting System (CAS)
Slicing method and Lumping method.
Concept: Micro Economics - Slicing Method
