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Give the heading under which the following items will be shown in a company’s Balance sheet: (i) Patents. (ii) Discount on issue of Debentures (iii) Sundry Debtors (iv) Secutities Premium. (v) Railway sliding. |
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Answer» (i) Fixed Assets. (ii) Miscellaneous Expenditures (iii) Current Assets Loans & Advance under Current Assets. (iv) Reserve and Surplus. (v) Fixed Assets. |
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