In production cost statement, which is a direct expense?

1.What is the main basis of a partnership business?

2.Total profit is 1,50,000, net profit is 80,000, and selling and distribution expenses are 30,000. What is the administrative expense?

3.Income received from shares is called?

4.Shares can be issued- i. Below the written value ii. Above the written value iii. At par written value Which one is correct?

5.Which of the following is part of a company's ownership?

6.Operating income ratio =

7.In the absence of an agreement, the interest rate on loans given by a partner is?

8.What is the company's total income?

9.A bin card includes- i. Purchase of goods ii. Issuance of goods iii. Value of goods Which one is correct?

10.Unappropriated income of a business is-

11.Maximum rate for issuing shares at a discount?

12.If profit on sales is 20%, what is the profit rate on cost price?