Capital bonus is given
A. |
By making partly paid shares as fully paid without getting cash from the shareholders
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B. |
By the issue of free fully paid shares known as bonus shares
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C. | By cash payment to shareholders |
D. | Both (A) and (B) |
Option: D Explanation : Click on Discuss to view users comments. |
A. | 13:7:4 |
B. | 7:5:3 |
C. | 3:2:1 |
D. | 5:4:2 |
Option: A Explanation : Click on Discuss to view users comments. |
A. | Realisation A/c is a real account |
B. |
A partnership firm is not dissolved on the death of a partner
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C. |
On dissolution of the partnership, the share of the outgoing partner is determined and the firm is not closed.
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D. |
Before Garner vs. Murray decision, no distinction was made between trading and capital loss.
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Option: A Explanation : Click on Discuss to view users comments. |
A. | 1 and 2 |
B. | 2 and 3 |
C. | 1 and 3 |
D. | 1,2 and 3 |
Option: D Explanation : Click on Discuss to view users comments. |
A. | 1,2 4 and 5 |
B. | 1,2,3,4 and 5 |
C. | 1,2,4,5 and 6 |
D. | 1,2,3,4,5 and 6 |
Option: A Explanation : Click on Discuss to view users comments. |