Fill in the blanks:
(i) Partnership comes into existence as a result of ………… among the partners.
(ii) Balance of share forfeiture A/c is shown in the Balance sheet under ……………. .
(iii) Interest on Debentures is a ……………….. against the profit of the company and must
be paid.
(iv) Any security in addition to primary security is called ……………. .
(v) Financial statements are prepared on the basis of ………………. cost.
(vi) The …………… of business firm is measured by its ability to satisfy its short term
obligations.
