In financial statements, when cost price and market value of closing stock differ, recording the lower of the two follows which principle?

1.Shares may be issued at— i. Par ii. Premium iii. Discount Which one is correct?

2.What type of cost is indirect material in factory?

3.Subscription received Tk. 36,000; if one-fifth of the current year's subscription remains outstanding, what is the amount of annual subscription?

4.In a joint stock company, proprietorship consists of— i. Share capital ii. Reserves and surplus iii. Retained earnings Which one is correct?

5.For free distribution of goods— i. Purchase decreases by Tk. 5,000 ii. Cash decreases by Tk. 0 iii. Advertising expense becomes Tk. 20,000 Which one is correct?

6.What does a Bin Card contain?

7.Opening stock Tk. 15,000; closing stock Tk. 20,000; cost of goods sold Tk. 80,000. What is the amount of purchase?

8.A business has current assets of Tk. 63,000; current ratio 5 : 2. What is the amount of current liabilities?

9.Which one is a liquidity ratio?

10.Which one is not a part of proprietorship?

11.On which field does the origin and development of cost accounting mainly depend?

12.What is the amount of opening asset for subscription at the