List of top Questions asked in Bihar Board XII- 2025

The term ‘Financial Statement’ includes:

Amount realised from sales of assets, on dissolution of firm is recorded in:

When a partner takes responsibility to make payment of any outside liability of the firm, the account credited will be:

Unrecorded liabilities when paid are shown in:

Patents and copyrights fall under which category?

On death of a partner, the firm gets for joint life policy taken for all partners:

Financial Statement is:

On the death of a partner, final payment is made through:

When is the partner’s executor account opened?

Legal expenses are recorded in which side of Realisation A/c?

At the time of dissolution of firm, book value of assets is recorded in which side of Realisation Account?

Provision for Tax is:

Sale of marketable securities will be shown under:

An annual report is issued by a company for:

When debentures are issued at par and are redeemable at a premium, the loss on such an issue is debited to:

Method(s) of redemption of debenture is/are:

The balance of ‘Sinking Fund Account’ after the redemption of debentures is transferred to:

General Reserve Account always shows:

Equal profit ratio of three partners is:

Revaluation Account is a

Excess of credit side over the debit side in Revaluation Account is called:

What do you understand by superprofit?

According to Companies (Share Capital and Debenture) Rules, 2014, by which percentage of the amount of debentures will have to create Debenture Redemption Reserve (DRR), before the commencement of redemption of debentures?

Deep Ltd. issued 10,00,000, 7% debentures of Rs. 100 each at a discount of 4%, redeemable after 5 years at a premium of 6%. Loss on the issue of debenture is:

In the absence of partnership deed, partners are not entitled to get