Please select a subject first
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Dividend once declared cannot be revoked.
Concept: Legal Provisions on Dividend
Complete the sentence.
Word dividend is derived from Latin term ______.
Concept: Dividend
Explain the following term/concept.
Dividend
Concept: Dividend
Explain the following term/concept.
Interim Dividend
Concept: Interim Dividend
Study the following case/situation and express your opinion:
ABC Co. Ltd. decides to pay Interim Dividend
- Can it be paid out of free reserves?
- Is the Board right in declaring the same at the Board Meeting?
- Should the company distribute the same within 30 days of its declaration?
Concept: Interim Dividend
Explain Interim Dividend.
Concept: Interim Dividend
Write a word, or a term, or a phrase which can substitute for the following statement.
A bill which is issued by Reserve Bank of India on behalf of the Government of India.
Concept: Types of Financial Market
Explain the following term/concept.
Primary market
Concept: Types of Financial Market >> Secondary Market
Explain the following term/concept.
Secondary market
Concept: Concept of Financial Market >> Capital Market in India
Correct the underlined word and rewrite the following sentence.
A stock market is an important constituents of money market.
Concept: Functions of Stock Exchange
Explain the following term/concept.
Broker
Concept: Important Terms Related to Stock Exchange
Study the following case/situation and express your opinion.
Mr. P has a recently got his B.Sc. degree. He has enrolled for a course in securities market. As a new student of this subject, he has few queries as follows :
- Does a Company need to be listed on a stock exchange to sell its securities through the stock exchange.
- What is the term used for referring to a stock exchange’s ability to reflect the economic conditions of a country?
- What is the term which refers to the functions of the stock exchange as a provider of a ready market for sale and purchase of security?
Concept: Functions of Stock Exchange
Distinguish between the following.
Jobber and Broker.
Concept: Important Terms Related to Stock Exchange
Justify the following statement.
Stock exchanges work for the growth of the Indian economy.
Concept: Stock Exchange
Answer in brief.
State any four functions of Stock Exchange.
Concept: Functions of Stock Exchange
Select the most appropriate alternative from those given below and rewrite the statement.
Return outward are deducted from __________________.
Concept: Partnership Final Accounts
Write a short note on E-Commerce ?
Concept: Partnership Final Accounts
Concept: Partnership Final Accounts
Surekha and Sangita decided to undertake a venture jointly. They agreed to share profits and losses in the ratio of 3 : 2. Surekha supplied from her own stock goods worth Rs. 4,00,000 and paid Rs. 9,900 for freight and Rs. 2,400 for insurance. Sangita purchased goods of Rs. 3,90,000 for the venture and paid Rs 14,000 for selling expenses. Sangita accepted a bill for 3 months of Rs. 1,90,000 drawn by Surekha as an advance. The bill was discounted immediately by Surekha for Rs. 1,84,000 and the amount of discount was charged to Joint Venture Account. Sangita sold all the goods for Rs. 10,00,000. At end of the venture, the accounts were settled. Give journal entries in the books of Surekha.
Concept: Partnership Final Accounts
Rokadimal of Rajkot and Gunjal of Pune, entered into a Joint Venture to purchase and sale goods and agreed to share profit and losses in the proportion of 4 : 1 respectively.
Rokadimal paid Rs 11,500 for carriage.
Rokadimal discounted this bill with the bank for Rs 92,000.
Gunjal paid Rs 13,500 got advertisement.
Gunjal paid Rs 7,000 for selling expenses and he is entitled for a commission on sales at 5% Co-venturers settled their accounts.
Concept: Partnership Final Accounts
