Question 51 Chapter 1 of +2-B Miscellaneous 51.State under which major headings and sub-headings the following items will be Presented in the Balance Sheet of a company as per Schedule III of the Companies Act,2013:(i) Capital Reserve; (ii) Calls-in-Advance; (iii)Loose Read More …
Question 50 Chapter 1 of +2-B Miscellaneous 50.Under which Line item of the Financial Statements following items will be shown:(i) Sales; (ii) Loss on Sale of Vehicle; (iii) Debentures; (iv)Unamortised Loss On Issue of Debentures (to be written off within Read More …
Question 49 Chapter 1 of +2-B Miscellaneous 49.Under which Line item (major head) of the Statement of Profit and Loss of non-financial company will the following be shown:(i) Interest on Loans Given ; (ii) Gain (profit) on Sale of Securities Read More …
Question 48 Chapter 1 of +2-B Miscellaneous 48. Under which Line item (major head) of the Statement of Profit and Loss of non-financial company will the following be shown:(i) Sale of Goods ; (ii) Revenue from Services Rendered; (iii) Interest Read More …
Question 47 Chapter 1 of +2-B Other Expenses 47.Identify which of the following items will be shown in the Note To Accounts on Other Expenses?(i) Salaries; (ii) Postage Expenses; (iii) Telephone and Internet Expenses; (iv) Rent For Warehouse; (v) Carriage Read More …
Question 46 Chapter 1 of +2-B Depreciation and Amortisation Expenses 46.From the following Information on Best Marketing Ltd. For the year ended 31st March 2019 Prepare Note to Accounts on Depreciation and Amortisation Expenses: Depreciation on Building Rs. 15,500; Plant Read More …
Question 45 Chapter 1 of +2-B Finance Costs 45. From the following Information, Prepare notes to account on Finance Costs: Interest paid to Bank Rs. 75,000; Interest on Debentures Rs.58,000; Loss on the issue of Debentures Written off Rs. 27,500; Read More …
Question 44 Chapter 1 of +2-B Employee Benefit Expenses 43.From the following information, Prepare Note To Accounts on Employees Benefit Expenses: Wages Rs. 2,70,000;Salaries RS. 3,60,000; Staff Welfare Expenses Rs. 60,000; and Business Promotion Expenses Rs. 50,000. The solution of Read More …
Question 43 Chapter 1 of +2-B Employee Benefit Expenses 43. From the following information, Prepare Note To Accounts on Employees Benefit Expenses: Wages Rs. 2,70,000;Salaries RS. 3,60,000; Staff Welfare Expenses Rs. 60,000; and Business Promotion Expenses Rs. 50,000. The solution Read More …
Question 42 Chapter 1 of +2-B Employee Benefit Expenses 42. From the following information, Compute the Amount to be Shown in Note To Accounts on Employees Benefit Expenses: Wages Rs.5,40,000; Salaries RS. 7,20,000; Bonus Rs. 1,05,000; Staff Welfare Expenses Rs. Read More …