No profit and loss appropriation account is prepared in case of a…………… company.

Related MCQs

• A banking company required to prepare its profit & loss account according to ……………………… of the III schedule of the Banking Regulations Act.
• The profit and loss amount of general insurance companies are prepared in …………………………………..
• The nominal account prepared to close the account of business is --------------
• Realization account is closed by transfer of profit/loss to
• To ascertain profit in life insurance business ………………. Prepared.
• The account prepared to find out the stock as on the date of fire is known as ……………………………… trading accounts.
• A ledger maintained where separate investment account prepared for a particular scrip is known as ………………………..
• The account prepared to find out the stock as on the date of fire …..
• The insurance indemnifies the insured any loss of profit arising from interruption of the normal activity
• The account opened to close the various assets and liabilities of the firm on dissolution is called ------------- account