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Commerce Accounting Difficulty: Medium

The abnormal loss debited to:

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Which of the following statements are true in context of a company under Company Act, 2013? 1. A company can become a member of another company 2. Member's voluntary winding up takes place when the company is insolvent 3. Only board of director can convene Extraordinary General Meeting Transaction of internet banking excludes Which actuarial aspect(s) are taken into account while fixing the premium? I. Mortality II. Interest assumption III. Office expenses In a profitable firm, total sources of funds will always . . . . . . . . total uses of funds. A bill of exchange when drawn requires