If Average Capital Employed in a firm is ₹ 9,00,000; Average Profits ₹ 2,80,000 and Normal rate of return is 20%, then value of goodwill as per capitalization of super profits is:

AB&Co. purchased assets worth ₹ 28,80,000 from vendor. It issued debentures of ₹ 100 each at a discount of 4% in full satisfaction of the purchase consideration. The number of debentures issued to vendor is:

Under which Sub head we show the Security Premium in Balance Sheet?

Identify the cash transaction from the following:

Aradya Ltd. had debt equity ratio of 25: 1. State which of the following transaction will not effect the Debt Equity Ratio:

Pick the odd one out while Calculating Cash Flow from

Lisa, Monika and Nisha are partners in a firm sharing profits and losses in the ratio of 2:2: 1. Their capital A/c stood as ₹ 50,000, ₹ 50,000 and ₹ 25,000 respectively. Monika died and balance in the reserve on that date was ₹ 15,000. If goodwill of the firm is ₹ 30,000 and prof…

According to Indian Partnership Act, 1932, when the firm is dissolved, cash received on sale of assets are applied in following order: (A) Paying to each partner proportionately what is due to him/her on account of capital (B) In paying the secured debts of the firm to the third…

Debentures issued for consideration other than cash includes, debentures: A. Issued to bank as additional security B. Issued to vendor C. Issued to Public D. Issued to creditor E. Issued for cash Choose the correct answer from the options given below: