What is a debit balance in $partners^{\prime} current$ accounts?

1.What do debenture holders receive from a business?

2.What is the cost of raw materials used?

3.Which are variable costs? i. Direct raw materials ii. Depreciation iii.Direct wages Which one is correct?

4.VAT collected from the buyer on sales is a-

5.According to company law, the maximum rate of share discount can be-

6.What is the cost of goods sold?

7.Which of the following are non-cash transactions? i. Depreciation ii. Conversion of bonds into shares iii.Sale of land Which one is correct?

8.Cost of goods sold is calculated as-

9.When prices of goods fluctuate, which method is most appropriate for issuing goods?

10.Which is an asset?

11.Rita, a partner in a partnership, withdraws 5,000 taka from the business at the \end{of}each month. The interest rate on drawings is 5%. How much interest on drawings should be charged?

12.What does a bin card show?