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Commerce Accounting Difficulty: Medium

On the dissolution of a firm, loan from the wife of a partner is treated as

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A company auditor addresses his audit report to: Which of the following statements are true in context of a company under Company Act, 2013? 1. A member of a company must be a shareholder of a company. 2. Proxies are not to be included while counting the quorum of a meeting of a company. 3. The maximum number of directors in a public as well as private company is 15. 4. In case of a private company, there is no restriction to transfer the shares. Which of the following statement/s is/are correct? 1. Companies reduce pension fund risk by relying on fixed income strategies. 2. The real returns for pension funds are often lower than projections. 3. Corporations try to balance pension costs with staying competitive. Current ratio 2.7 : 1, Quick Ratio 1.8 : 1, current liabilities Rs. 60,000, Value of stock will be: All the following curves are U-shaped except