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प्रश्न
Under which heads the following items are shown in the Balance Sheet of a company:
(i) Calls-in-Arrears
(ii) Commission Received in Advance
(iii) Debentures
(iv) Stores and Spare Parts
(v) Land and Building
(vi) Forfeited Shares Account?
उत्तर
|
S. No. |
Items |
Main Head |
Sub-Head |
|
1 |
Calls-in-Arrears |
Shareholder's Funds |
Share Capital (i.e. as a deduction from subscribed share capital) |
|
2 |
Commission Received in Advance |
Current Liabilities |
Other Current Liabilities |
|
3 |
Debentures |
Non-Current Liabilities |
Long-term Borrowings |
|
4 |
Stores and Spare Parts |
Current Assets |
Inventories |
|
5 |
Land and Building |
Non-Current Assets |
Fixed Assets (Tangible Assets) |
|
6 |
Forfeited Shares Account |
Shareholder's Funds |
Share Capital (i.e. as an addition to subscribed share capital) |
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संबंधित प्रश्न
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What are the main objectives of financial management? Briefly explain.
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(i) Surplus, i.e., Balance in Statement of Profit and Loss (Dr.);
(ii) Interest accrued and due on Debentures;
(iii) Computer Software under development;
(iv) Interest accrued on Investment?
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| 10,000; 10% Debentures of ₹ 100 each redeemable in four equal yearly | ₹ |
| installments beginning 1st July, 2019 | 10,00,000 |
| 11% Bank Loan from SBI repayable after 5 years | 20,00,000 |
| Interest on Debentures and Bank Loan has not yet been paid. |
How will be the above items shown in the Balance Sheet of the company as at 31st March, 2019?
From the following information, calculate Change in Inventory of Work-in-Progress:
Opening and Closing Work-in-Progress ₹1,50,000 and ₹1,45,000 respectively.
From the following information, calculate Change in Inventory of Stock-in-Trade: Opening and Closing Stock-in-Trade ₹5,00,000 and ₹4,50,000 respectively.
From the following information, calculate Change in Inventory of Stock-in-Trade: Opening and Closing Stock-in-Trade ₹5,00,000 and ₹4,00,000 respectively.
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Opening Inventory (₹) |
Closing inventory(₹) |
||
| Finished Goods |
5,00,000 |
5,50,000 |
||
| Work-in-Progress |
4,50,000 |
4,25,000 |
||
| Stock-in-Trade | 6,50,000 | 6,00,000 | ||
From the following information compute the amount to be shown in Note to Accounts on Employees Benefit Expenses: Wages ₹ 5,40,000; Salaries ₹ 7,20,000; bonus ₹ 1,05,000; Staff Welfare Expenses ₹ 60,000 and Business Promotion Expenses ₹ 50,000.
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(iii) Interest paid on Public Deposits;
(iv) Loss on Issue of Debentures Written off; and
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(i) Sale of Goods;
(ii) Revenue from Services Rendered;
(iii) Interest Earned;
(iv) Gain (Profit) on Sale of Assets;
(v) Purchases of Stock-in-Trade;
(vi) Salaries and Wages;
(vii) Interest paid to Bank;
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What is the role and function of Financial Management?
What are the objectives of financial statement?
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Which of the following statements is false regarding financial management?
