1.

Under which of the major heads will the following items be shown while preparing Balance Sheet of a company, as per Schedule III of the Companies Act, 2013: (i) Unamortised Loss on Issue of Debentures (To be written off after 12 months from the date of Balance Sheet); (ii) 10% Debentures; (iii) Stock-in-Trade; (iv) Cash at Bank; (v) Bills Receivable; (vi) Goodwill; (vii) Loose Tools; (viii) Truck; (ix) Provision for Tax; and (x) Sundry Creditors?

Answer» Under which of the major heads will the following items be shown while preparing Balance Sheet of a company, as per Schedule III of the Companies Act, 2013:





















(i) Unamortised Loss on Issue of Debentures (To be written off after 12 months from the date of Balance Sheet);
(ii) 10% Debentures; (iii) Stock-in-Trade; (iv) Cash at Bank;
(v) Bills Receivable; (vi) Goodwill; (vii) Loose Tools;
(viii) Truck; (ix) Provision for Tax; and (x) Sundry Creditors?


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