Realization loss is transferred to …..

Related MCQs

• The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to -------------
• Loss on realisation is transferred to …………..
• What is the term used to describe the time between the acquisition of assets for processing and their realization in cash or cash equivalents?
• Loss Prior to incorporation is treated as ........... Loss, and Vendor’s Salaries are chargeable to ................ incorporation period.
• Which of the following accounts can be transferred to capital redemption reserve account?
• When all debentures are redeemed, balance in the Debenture Redemption Fund Account is transferred to:
• The profit on reissue of shares is transferred to ….
• When debentures are redeemed out of profits, an amount equal is transferred to…..
• When own debentures are cancelled any profit on cancellation is transferred to …
• After the redemption of debentures, any credit balance in the Sinking Fund a/c is transferred to -------- a/c.