Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013: (i) Mining rights (ii) Loose tools (iii) Income Received in advance Marks-3, CBSE: 2023-24/Zone-3/Set-1/Q-31 Answer : The solution is available on our Mobile App Back
Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013: (i) Calls in advance (ii) Mining rights (iii) Loose tools Marks-3, CBSE: 2023-24/Zone-2/Set-1/Q-31 Answer : The solution is available on our Mobile App Back
Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III Part I of the Companies Act, 2013: (a) Long Term Loans from Bank (b) Loose Tools (c) Outstanding Expenses Marks-3, CBSE: 2023-24/Zone-1/Set-1/Q-31 Answer : The solution is available on our Mobile App Back
Past Year Papers Chapter wise Solutions Analysis of Financial Statements No posts found!
Past Year Papers Chapter wise Solutions Accounting Ratios 2. A company had Current Assets Rs. 3,00,000 and Current Liabilities Rs. 1,40,000. Afterwards, it purchased goods worth Rs. 20,000 on credit. Calculate the Current Ratio after the purchase of goods. Marks-2/4, CBSE:2018-19/Main/02/Q-21* Answer Next Back Read More 5. X Ltd. has a current ratio 3.5:1 and … Read more
Mudra Ltd. Is in the process of preparing its Balance Sheet as per Schedule III, Part I of the Companies Act, 2013 and provides its true and fair view of the financial position. Under which head and sub-head will the company show ‘Stores and Spares’ in its Balance Sheet? What is the accounting treatment of … Read more
M K Limited is a computer hardware manufacturing company. While preparing its accounting records it takes into consideration the various accounting principles and maintains transparency. At the end of the accounting year, the company follows the ‘Companies Act, 2013 and Rules thereunder’ for the preparation of its Financial Statements. It also prepares its Income Statement … Read more
Under which major heads and sub-heads will the following items be placed in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013? (i) Cheques and Bank Drafts in Hand (ii) Loose tools (iii) Securities Premium Reserve (iv) Long-Term Investments with maturity period less than six months (v) … Read more
Under which major headings and subheadings will the following items be presented in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013? (i) Balance of the Statement of Profit and Loss (ii) Interest accrued on investments (iii) Livestock (iv) Licenses and Franchise (v) Securities Premium Reserve (vi) … Read more
Under which major headings and subheadings will the following items be presented in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013? (i) Interest accrued and due on debentures (ii) Loose tools (iii) Accrued interest on calls in advance (iv) Interest due on calls in arrears (v) … Read more