Fill in the blanks with apt word(s)
1.A holding company is one which controls one or more other companies by means of holding ____________ shares.
2.A holding company is one which controls one or more other companies by means of controlling the composition of ____________ .
3.A company is a subsidiary of another company if it is a subsidiary of any company which is that other company’s ____________ .
4.Accounting Standard AS-21 deals with “ ____________ ”.
5.“A group” represents a parent Company and all its ____________ .
6.The balance sheet depicting all items relating to a holding company and its subsidiaries is referred as ____________ .
7.Holding of the general public (after acquisition of major shares by the holding company) in the subsidiary company is known as “ ____________ ”.
8.All the accumulated profits of the subsidiary company on the date of purchase of shares by the holding company are called: “ ____________ ” or “ ____________ ”
9.Profits earned by a subsidiary company after the date of acquisition of shares by the holding company are known as “ ____________ ” or “ ____________ .
10.____________ is the excess amount paid for acquisition of shares in a subsidiary.
11.In case of appreciation on fixed assets on account of revaluation, ____________ from the date of revaluation till the date of balance sheet should be provided.
12.Minority share of the bonus has to be ____________ to minority interest.
13.Dividend paid by subsidiary out of pre-acquisition profits is termed as ____________ .
14.Holding company’s share of capital dividend which was to P&L A/c should be deducted from P&L A/c in the consolidated balance sheet.
15.Holding company’s share of revenue dividend has to be ____________ to P&L A/c.
16.Interim dividend relating to pre-acquisition period is adjusted units ____________ .
17.Cash in transit is to be shown on ____________ side of the balance sheet as a separate item.
18.Any contingent liability involving a third party has to be shown as a ____________ in the consolidated balance sheet.
19.The unrealized profit in stock should be ____________ from “stock”.
In case the holding company gets more than what it has invested in shares, the excess is treated as ____________.