Revenue Account is also called ………….

Related MCQs

• The ratio which depicts the relationship between two items, one of which is drawn from the Balance Sheet and the other from the revenue account
• The profit and loss account under double account system is termed as…..
• Share application account is in the nature of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account.
• Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• The principal revenue-producing activities of an entity are called
• Bonus in reduction of premium appears in the revenue a/c as ----------
• Revenue reserve means any reserve other than ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ reserve.
• Holding Co. share in revenue profits of subsidiary company is adjusted in :
• All revenue, taxes due to government within ………..before the date of commencement of winding up is preferential.
• On an equity share of Rs. 20, the company has called up Rs. 16 but Rs.14 has been received by the company, the share capital account should be credited by ……