Accounts – TEST 2 (MCQ Maharashtra-12th Board)
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#1. The debenture holder is __________ of the company.
#2. Nominal value of shares allotted to the public is called __________ capital
#3. _________ is deducted from the share capital to know paid up value of shares.
#4. There are _________ parties to a promissory note.
#5. A person in whose favor the bill is drawn, is called as _______
#6. When closing capital is greater than opening capital it denotes ______
#7. Generally incomplete records are maintained by ______
#8. Outstanding subscription at the end of the accounting year represents _________
#9. Dissolution expenses are credited to ___________ A/c
#10. Gain ratio is the ratio in which _________
