Accounts online Test

At what conditions is it able for a company to withdraw from the share premium account when redeeming preference shares


The accounting concept :Prudence concept states that


How should be stocks be valued at the balanse sheet?


a rights issue means


A company redeems its debentures at a premium.

How may they treat the premium on the redemption?


Radaan is a sole trader.At the end of the year he had to pay $600 annualy as rent and also had a accrual brought forward from the previous year of $180.He paid a sum of $800 as rent during the year.How much should he charge as rent for the year ended?









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