Total asset is Tk. 28,00,000; Accumulation (accumulated depreciation) is Tk. 4,00,000; Common share capital is Tk. 18,00,000; Accrued expense is Tk. 1,00,000; Creditor is Tk. 3,00,000. How much capital employed is?

1.Which of the following is included in Income & expenditure account? i. Subscription received in advance ii. Accrued subscription for current year iii. Accrued subscription received for previous year Which one is correct answer?

2.For determining opening capital fund, which amount is subtracted from total opening assets as opening rent payable?

3.What is the amount of cash in hand?

4.What is the profit distribution ratio of Nishat, Musha and Fouzia.

5.Which of the following is credited to $partners^{\prime} current$ account? i. $Partners^{\prime} salary and goods drawings$ ii. Interest on capital and share of profit iii. $Partners^{\prime} commission Which one is the correct$ answer?

6.The $partners^{\prime} capital may be showed under fluctuating capital method$ – i. Debit balance ii. Credit balance iii. Zero balance Which one is correct?

7.Which statement use “indirect method”?

8.In calculation of cash flow from operating activities -

9.Operating activities include i. Depreciation expense ii. Loss on sale of equipment iii. Sale of equipment Which one is the correct answer?

10.Which is the small part of company's capital?

11.Issued share at a higher price than its face value is called ---

12.Which is non cash activities?