ICWAI - Financial Accounting Paper 5 Online Test

Which of the following items should not appear under the head ‘unsecured loans’ in the balance sheet of a company?


Payment of Rs. 1,00,000 towards salaries and wages results in :


Which of the following statement is false?


Which of the following statements is incorrect?


Goodwill valuation depends predominantly on:


Which of the following statements is False?


Pre-paid insurance premium should be classified as a :


Which of the following statements is true?


A policy can be surrendered if it is a general insurance policy.


If the unrecorded liabilities are taken over by the new firm, it is transferred to












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