When is the closing stock determined under perpetual inventory system?

1.Ratio is the__ of two variable.

2.Raw material cost of a product is Tk. 40,000, Direct wages Tk. 32,000, selling overhead Tk. 12,000 and Conversion cost Tk. 80,000. What is the amount of factory overhead?

3.If interest charge on drawings___

4.What is the rule of charging interest on loan of partnership business in absence contract?

5.New income tax reserve in shown___ i. in income statement ii. in retained earning statement iii. statement of financial position Which one is correct?

6.What is the full form of IAS?

7.What is share discount?

8.What is called the shares when company primarily issued?

9.What is the cost of goods of Surma Ltd.?

10.What will be the current liability if current ratio is

11.Which ratio indicates the ability to repay the loan?

12.Liquid assets are__ i. bank balance ii. closing stock iii. bill receivable Which one is correct?