Net Assets minus Capital Reserve is………………………

Related MCQs

• Net Assets minus Capital Reserve is _________
• Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.
• Revenue reserve means any reserve other than ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ reserve.
• Called up capital minus calls in appear is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to -------------
• In case of electricity companies, contingency reserve is created until it amounts to ….. of the original cost of the fixed assets.
• In the case of marine hull insurance, reserve for unexpired risk is to be maintained @....... %of net premium
• A charge created not on specific assets but generally on all assets is known as………….
• Fixed assets and current assets are categorized as per concept of:
• The excess of purchase consideration over net assets of the transferor company acquired by the transferee company should be recognized as -------- in purchase method