- Solvency
- Liquidity
- Return
- None of these
- b
- Corporation
- After One Year
- ISO
- Commencement of Business
- d
- Original
- Final
- Generic
- First
- a
-
In general Journal, The accountant notes all transaction on daily basis.
- Double Accounting System
- Double Entry System
- Single Entry System
- None of the above
- b
-
Double Entry System is a such accounting system in which Debit and Credit sides must be maintained according to transaction.
- Issue of fully paid bonus shares
- Write of Goodwill
- Payment of Dividends
- None of these
- a
-
Share Premium is also called Security Premium.
- Private Companies
- Public Companies
- Listed Companies
- None of these
- b
- Current Assets
- Net profit
- Gross profit
- Retained earning
- c
-
Gross Profit = Sales + Cost of Goods Sold
- Less sales cost of sale and operating expense
- Less gross profit and operating expenses
- Both A & B
- None of these
- C