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Financial Accounting Quiz (Account, Capital, Partnership)

Which one of the following statement is wrong about Current liabilities?

Debenture is also named as:

In which situation(s) Partnership is dissolved?

In calculating earning per share (EPS), the net profit is divided by which of the following?

The maximum amount with which the company is registered is called:

When the capitals are fixed, which of the following account will be debited for drawings made by a partner?

Which of the following is(are) type(s) of capital account in partnership?

Current accounts of the partners should be opened when the capitals are:

Which of the following journal entry will be recorded, if cash is drawn by a Proprietor?

Which of the following is a selling expense?

Tagged as: account