cost accounting

plz give me answer its urgent

For query no. 1 - False - company can do buyback of shares

For query no. 3- False - Long term investment should be on market value at the EOY

for query no.  4- False - Underwriting can be done by an firm

for query no. 5 - False - Interest on debenture is payable in case of loss also.

Thnx avinash thnx a lot

sorry friend the long-tem investments should be carried at cost only

5. interest on debentures: debenture is a debt for that the interest has to be payable whether the company makes profit or not. it is not like equity share. you better to read the subject deeply

Hello Friends,

Please note answers for

Query #1 :- Company cannot purchase its own shares, is correct. However, Avinash told about 'BUYBACK', which is different from purchasing own shares. Therefore, Query #1 is TRUE.

Query #2 :- FALSE, Interim Dividend declared & paid during the accounting year only. After closing of Accounting year the dividend proposed by directers is final dividend, which require approval of share holders.