Clear profit is the difference between

Related MCQs

• ------- profit means profit which would otherwise be available for distribution of dividend.
• The company earns a net profit of 24,000 with a capital of1,20,000. The NRR is 10%. Under capitalisation of super profit, goodwill will be ___________.
• The difference between subscribed capital and called capital is known as…..
• The difference between gross dividend receivable and dividend received is debited to - --------
• While preparing the books of the transferee company in purchase method, the difference between purchase consideration and share capital of the transferor company should be adjusted in -------------
• The difference between Gross dividend receivable and dividend received is debited to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• The difference between ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ receivable and dividend received is debited to tax deducted at source.
• Which of the following can be utilized for the redemption of preference shares of a company out of profit:
• The profit on reissue of shares is transferred to ….
• Profit on sale of sinking fund investment is credited to ….