Question

1
Select the most appr
statements:
If the opening capital is * 80,000, closing capital is 7 1,80,000, withdrawals are* 10,000 and
additional capital brought in the business is * 20.000, then the profit will be
JA) 90.000
(B) 31,10,000
(c)
70 000
(D) 150,000
The Indian Negotiable Instruments Act was formed in the year
(A) 1818
(B) 1918
fo 1881
(D)
1981
13)
X Y and Z are partners sharing profits in the ratio of S:3:2. If Y retires then the new ratio will
be
(A)
S:
(B)5:3
(C)
(D) 2 5
The issue of debentures less than the face value is called
(A)
at par
(B) at premium
(a at discount
(D)
none of these
(5) A bill which is drawn on 12 June, 2016 is payable after two months, the due date of the bill
(A) 12 August, 2016
10)
14 August, 2016
(B)
(D)
15" August, 2016
16"August, 2016​

Answer 1

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Explanation:

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