Liquidator’s statement of receipts and payment is know as:

Related MCQs

• In order to know ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ value of shares, it is necessary to know the net value of the assets of the company.
• Forfeiture of shares results in compulsory termination of ------ due to non payment of allotment/call money.
• Advance payment of tax is a….
• Under net payment method, purchase consideration includes all payments made to the share holders in the form of ---------
• ------ is an annual payment made by a life insurance company in consideration form a lump sum received.
• Compulsory cancellation of shares by the company\y due to non‐payment of allotment or call money is called …………….
• An annual payment which an insurer guarantees to pay for lump sum money received in the beginning is called ………….
• a preference share is one which enjoys a preferential right regarding payment of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Advance payment of tax should be shown on the ‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.
• The first item in order of payment to be made by liquidator is: