general accounting is an important part of any business.it helps to compile all the accounting data and information is later used to make various financial statements.it is the begginning of the financial data gathering....
state wheather the following statements are true or false
i, the issue of shares ata discount must be authorized by a
special resolution of company.
ii, operating or finance lease comes under provision of as-
iii, at the end of the accounting period the balance
of "goods sent to branch account" is transfered to trading
iv, for life business premium is to be recognized on
v, a banking cannot grant any loans on securities of its