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प्रश्न
Under which head following revenue items of non-financial company will be classified or shown:
(i) Gain (Profit) on Sale of Fixed Asset;
(ii) Fee Received for Arranging Loans;
(iii) Interest on Loans Given;
(iv) Gain (Profit) on Sale of Investments and
(v) Sale of Miscellaneous Items?
उत्तर
| ITEMS | HEAD |
| Profit on Sale of Fixed Assets | Other Income |
| Fee Received for Arranging Loans | Other Income |
| Interest on Loans Given | Other Income |
| Profit on Sale of Investments | Other Income |
| Sale of a Miscellaneous item | Other Income |
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संबंधित प्रश्न
Long Answer Question
Explain how financial statements are useful to the various parties who are interested in the affairs of an undertaking?
Under which head following revenue items of a non-financial company will be classified or shown:
(i) Sales;
(ii) Revenue from Services Rendered;
(iii) Sale of Scrap;
(iv) Interest Earned on Loans; and
(v) Gain (profit) on Sale of Investments?
Under which head following revenue items of a financial company will be classified or shown:
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(ii) Revenue from Project Consultancy Rendered;
(iii) Sale of Scrap;
(iv) Interest earned on Loans; and
(v) Gain (Profit) on sale of Investments?
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Current assets are also referred to as ______.
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