A. authorized capital B. paid-up capital C. uncalled capital D. unissued capital Correct Answer: Option D D. unissued capital
A. asset of the business B. asset of the department C. liability of the business D. liability of the department…
i. selling price ii. cost price plus makeup percentage iii. cost price A. i and ii B. i and iii…
A. share premium B. retained profits C. surplus on revaluation of assets D. pre-incorporation profits Correct Answer: Option D D.…
A. constituency B. going concern C. materiality D. money measurement Correct Answer: Option C C. materiality
A. a loan capital raised by a company B. money gives to a company as a gift C. accrued expenses…
A. issuing fully paid bonus share B. writing off preliminary expenses C. settling salesman commission D. providing for redeemable preference…
A. abacus B. pascal C. punched cards D. digital Correct Answer: Option A A. abacus
A. every transaction is represented by a debit and credit entry B. the currency much not change C. the firm…
A. paid-up capital B. authorized capital C. working capital D. capital employed Correct Answer: Option A A. paid-up capital