Brokerage is ………… in the cost of investment in the books of Purchase of investment
A) Added
B) deducted
C) increased
D) subtracted
Correct Answer:
Verified
Q14: Bonus shares are issued by ……………….. free
Q15: Bonus shares are issued out of ……………………………………………….
A)capital
Q16: Right shares are issued to ………………….. share
Q17: Investment account is ………………………. Account
A)Personal
B)Nominal
C)Real
D)Revenue a/c
Q18: Sale of right is a ………………….. receipt
Q20: Interest accrued up to the date of
Q21: The cost of right share is ……………………………
A)added
Q22: Long term investments are carried at ………………………..
A)fair
Q23: Cost of investment includes ………….
A)purchase cost
B)brokerage paid
C)stamp
Q24: Short term investments are carried at …………………………………..
A)Fair
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