The interest on fixed dates are received only on following securities :

Related MCQs

• In case of purchase and sales of securities ex- interest -
• In case of ex-interest transaction, the amount of interest is calculated for the following period.
• Cum interest price of security is               than ex- interest price.
• While selling securities, brokerage is generally calculated on following price-
• Generally, depreciation on fixed assets is calculated on which balance?
• Interest on security is calculated on -
• Capital value in case of cum-interest purchase means -
• The Capital Value of Investments in case of ex- interest purchase (subject to Brokerage) means :
• Cash price of asset + Interest =            price
• Under hire-purchase system the amount of interest is charged to                 Account