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) Debentures with maturity period in current financial year (ii) Securities Premium Reserve (iii) Provident Fund Marks 3, CBSE:2019-20/Sample/Q-30* Answer...

Under which major heads and subheads of the Balance Sheet of a company, will the following items be shown:- Loose Tools  Retirement Benefits Payable to employees  Patents  Interest on Calls in Advance Marks-4, CBSE:2018-19/Sample/Q-20 Answer Next Back

State under which major headings and sub-headings 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) Prepaid Insurance (ii) Investment in Debentures (iii) Calls-in-arrears (iv) Unpaid dividend (v) Capital Reserve (vi) Loose Tools (vii) Capital work-in-progress...

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...

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...

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...

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...

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...

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...

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...

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...

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) Accrued Income  (ii) Capital Advances  (iii) Capital work-in-progress Marks-3, CBSE: 2023-24/Zone-4/Set-1/Q-31 Answer : The solution is available on our Mobile...

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) Stores and Spares (ii) Calls-in-Advance (iii) Income received in advance Marks-3, CBSE: 2023-24/Zone-5/Set-1/Q-31 Answer : The solution is available...

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) Copyrights (b) Interest Accrued on investments (c) Long-term investment in shares Marks-3, CBSE: 2023-24/Compartment/Set-1/Q-31   Answer : The solution is...