If the amount due to the outgoing partner is transferred to loan account then he is entitled to interest at _________ until it is paid out.

A firm's total sales is Rs. 80,000 and its credit sales id Rs. 60,000 then its cash sales is _________

Effects of dishonour of B/R is given _____________

Revaluation account is operated to find out gain or loss at the time of ____________

At the time of admission an incoming partner contributes as goodwill ______________

In case of private placement of shares to raise the amount of capital, a company:

Minimum number of members in case of public company is ________________

The balance of forfeited share account is ____ in the Balance sheet.

The management of a company is done by ______

A company may have a _____ which can be affixed on the documents.

Match List I with List II and Select the Correct Answer using the Codes given below.

Authorised capital is also known as ____________

In the absence of any specific agreement partner's loan to the firm will carry an  interest of __________

In order to maintain fair dealings, at the time of admission, it is necessary to revalue assets and liabilities of the firm to their _______

Gaining ratio will be calculated by ____________

Which of the following method, goodwill is calculated by multiplying the weighted average profit?

_______are the amounts received by not for- profit organisations as a gift

Income and Expenditure accounts show

Which of the following is the incorrect pair?

Income and Expenditure Account is prepared to find out