1.

Name the major heads under which the following items will be shown in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013: (i) Work-in-Progress (ii) Calls-in-Advance (iii) Mining Rights (iv) Trade Receivables (v) Provision for Tax (vi) Goodwill (vii) Loose Tools (viii) Accured Income

Answer» (i) Current Assets, (ii) Current Liabilities, (iii) Non-current Assets, (iv) Current Assets, (v) Current Liabilities, (vi) Non-current Assets, (vii) Current Assets, (viii) Current Assets.


Discussion

No Comment Found

Related InterviewSolutions