Across
- 2. Receipt and payment account is a_____
- 6. Issue of shares at a price higher than its face value is called____
- 7. Partners current account are opened when the capital account is_____
- 8. The monitory value of reputation of the business is called______
- 9. Shareholders receive ____ from the company
- 13. Debentures are_____ of the company
- 16. It is the first stage of the companies incorporation
- 19. Statement showing the flow of cash and cash equivalents
- 20. Minimum subscription amount of 90% is related to _____capital
- 21. Shares are calculated on pro rata basis in the case of______
- 23. The share of goodwill of the retiring partner is debited to remaining partners in their______ ratio
- 24. Liability of a partner is____.
- 27. Revaluation is a ______ A/C.
- 29. Goodwill appears in a company balance sheet under the subhead goodwill appears in a company balance sheet under the subhead_____assets
Down
- 1. At the time of dissolution of the firm, loan from partners relative is transferred to____Account
- 3. Excess of average profit over normal profit
- 4. Current Assets/ Current Liabilities =
- 5. Subscription received in advance during the current year is a
- 10. At the time of admission of a new partner the partnership is_____
- 11. In case of dissolution, assets are transferred to realisation account at_____
- 12. Old profit sharing ratio minus new ratio= ______ ratio
- 14. Interest on capital is always calculated on the____capital
- 15. Revenue from operations less cost of revenue from operation is called____ profit
- 17. Shareholders are_____ of a company
- 18. Profit and loss adjustment account is a _____account
- 21. General reserve at the time of admission of a partner is transferred to_____partners capital accounts
- 22. Activities that result in change in the size and composition of the owners capital and borrowings of the enterprise are called______ activities
- 25. Interest on debentures is calculated on the_____value of the debentures
- 26. For the firm interest on drawings are_____
- 28. Subscription received by a school for organising annual function is treated as_____receipt
