Corporate accounting 14-03-2023

The method of rapid posting from slips is known as

• Direct posting

• Short cut posting

• Slip system of posting

• None of these

“B” List of contributories are not liable:

• If shares are fully paid up

• For liabilities after they are ceases to be member of the company.

• If present shareholders paid the unpaid amount of the shares transferred by them.

• All of the abov

A statutory reserve is a compulsory reserve kept under banking regulation Act as per section

• 9

• 15

• 17

• 18

Assets acquired in satisfaction claims:

• Banking assets

• Acquired assets

• Purchased assets

• Non banking assets

Which of the following is not a preferential creditors:

• All sum due to employee from a provident fund, pension fund, gratuity fund or any other fund

  maintain for welfare of employee.

• Compensation under workmen’s compensation act.

• Amount due under empoyees state insurance act for 12 months previous to the winding up

• Amount due to employee undeer amalgamation or reconstruction