Corporate accounting-2
Previous year question paper with solutions for Corporate accounting-2
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- Difference between amalgamation and absorption
- What is Minority Interest?
- What is compulsory winding up?
- What is slip system of posting?
- Give the treatment of reserve for unexpired risk in case of fire business
- What is cash reserve ratio?
- What is reinsurance premium payable?
- Define amalgamation in nature of purchase
- Give the treatment of Bonus Issue while making Consolidated Balance Sheet.
- Who are preferential creditors?
- Liquidator's remuneration
- Inter-company Owings
- Life insurance
- Minority interest
- Voluntary winding up
- Operating expenses
- Reasonable return
- Contingencies reserve
- External reconstruction
- Capital profits
- Distinguish between external and internal reconstruction
- What is amalgamation in the nature of merger?
- What is minority interest?
- Define post acquisition (Revenue) profit
- What is B - list of contributories?
- What is deficiency account?
- Explain rebate on bill discounted
- What are sub-standard assets?
- Explain additional reserve for unexpired risk.
- Explain bonus in reduction of premium