Credit balance of $partners^{\prime} current account$ represents—

1.Which method is more effective when the market price is falling?

2.“ Overtime wages” are what type of expense?

3.What is the distributable profit of the business?

4.The quantity of stock that must always be kept to continue the production process is called—

5.The amount of share premium affects which head in the company's financial statement?

6.In the Trial Balance, if rent of Tk. 60,000 is given as

7.Due to an increase in closing stock— i. Gross profit increases ii. Net purchases increase iii. Cost of goods sold decreases Which one is correct?

8.How many members are required at least to form a Public Limited Company?

9.In Fixed Capital Method, the distributed profit of partnership business is transferred to which account?

10.What is the total amount of assets?

11.If profit margin on sales is 20%, then what will be the profit margin on cost of goods sold?

12.Sonali Company issued shares at 10% premium and received Tk. 900,000. What is the company's paid-up capital?