A charge created not on specific assets but generally on all assets is known as………….

Related MCQs

• When charge is created against specific assets of the company, it is called ‐‐‐‐‐‐‐‐‐‐‐‐‐ charge.
• 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 ___________.
• -------- debentures are secured by a charge on the assets of the company.
• Debentures issued with a fixed or a floating charge on the assets of the company are called ‐‐‐‐‐‐‐‐‐‐‐ debentures
• The balance in capital reduction a/c after writing off all accumulated loss, fictitious assets and overvalued assets are transferred to -------------
• The long term assets that have no physical existence but, possess a value is known as,
• In case of electricity companies, contingency reserve is created until it amounts to ….. of the original cost of the fixed assets.
• Fixed assets and current assets are categorized as per concept of:
• Assets which do not carry more than normal credit risk is known as….
• ……..is a charge against profit of the company