In the case of joint stock company, goodwill is sown on the asset side under the head
A) Fixed asset
B) investment
C) current asset
D) miscellaneous expenditure
Correct Answer:
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Q9: Loose tools are shown in the balance
Q10: Discount on shares and debentures are shown
Q11: Calls in arrear Is
A)Shown as current asset
B)deducted
Q12: The amount set aside to meet the
Q13: When the proposed dividend exceeds 20% of
Q15: Advance payment of tax should be shown
Q16: Which of the following items will be
Q17: Scrip dividend means
A)Unclaimed dividend
B)arrears of dividend
C)dividend paid
Q18: Which of the following would not appear
Q19: As per the rules framed under the
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