हिंदी

Under Which Heads Will the Following Items Be Shown in the Balance Sheet of a Company - Accountancy

Advertisements
Advertisements

प्रश्न

Under which heads will the following items be shown in the Balance Sheet of a Company

(i) Bank Balance

(ii) Investments (Long-term)

(iii) Outstanding Salary

(iv) Authorised Capital

(v) Bills Payable

(vi) Unclaimed Dividents

(vii) Shares Option Outstanding Account

(viii) General Reserve; and

(ix) Subsidy Reserve?

खाता बही

उत्तर

S. No.

Items

Main Head

Sub-Head

1

Bank Balance

Current Assets

Cash and Cash Equivalents

2

Investments (Long-term)

Non-Current Assets

Non-Current Investments

3

Outstanding Salary

Current Liabilities

Other Current Liabilities

4

Authorised Capital

Shareholder's Fund

Share Capital

5

Bills Payable

Current Liabilities

Trade Payables

6

Unclaimed Dividends

Current Liabilities

Other Current Liabilities

7

Share Option Outstanding Account

Shareholders’ Funds

Reserves and Surplus

8

General Reserve

Shareholders’ Funds

Reserves and Surplus

9

Subsidy Reserve

Shareholders’ Funds

Reserves and Surplus

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Financial Statements of a Company - Exercises [पृष्ठ ६७]

APPEARS IN

टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 1 Financial Statements of a Company
Exercises | Q 17 | पृष्ठ ६७

संबंधित प्रश्न

  Group 'A'   Group 'B'
1 Financial Management a Distribution of profit
2 Retained profit b Deposits less than Rs. 20,000
3 Debenture trustees c Capitalisation of profit
4 Small depositors d 1996
5

Depository Act

e Management of business funds
    f Borrowed capital
    g Protect interest of debentures holders
    h Management of business activities
    i Deposits less than Rs. 25,000
    j 1956

Advice to Board of Directors in respect of financial matter is given by _______.


Normally _________ gives advice to the Board of directors in respect of financial matters.  


What are the main objectives of financial management? Briefly explain.


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?


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?


Name the major heads under which the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:

(i) Loose Tools

(ii) Unpaid Dividend

(iii) Copyrights and Patents.

(iv) Land and Building


Prepare Balance Sheet of the Company as per Schedule III of the Companies Act, 2013:
10% Debentures of ₹ 100 each 1,90,000
Stock-in-Trade (inventories) 40,000
Goodwill  20,000
Provision for Tax 60,000

Totalling of Balance Sheet is not required


Prepare Balance Sheet of HP Ltd. as at 31st March, 2019 from the following information:

     
Equity Share Capital 20,00,000   Surplus, i.e., Balance in Statement of Profit and Loss (Cr.) 3,00,000
12% Preference Share Capital 10,00,000   Stock 6,00,000
Fixed Assets (At cost) 46,60,000   Sundry Debtors 8,00,000
Accumulated Depreciation 16,60,000   Cash 1,50,000
Investments 4,00,000   Loans and Advances 50,000
Current Liabilities 8,00,000    Provision for Taxation 2,00,000
12% Debentures 6,00,000   Workmen Compensation Reserve 1,00,000

Calculate Cost of Materials Consumed from the following:

Opening Inventory of Materials ₹2,50,000; Finished Goods ₹1,00,000; Closing Inventory of Materials ₹2,25,000; Finished Goods ₹75,000; Raw Material purchased during the year ₹15,00,000.


From the following information, calculate Change in Inventory of Work-in-Progress: Opening and Closing Work-in-Progress ₹1,00,000 and ₹1,15,000 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 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.


Under which line item (major head) of the Statement of Profit and Loss of a financial company will the following be shown:
(i) Interest on Loans Given:

(ii) Gain (Profit) on Sale of Securities;

(iii) Loss on Sale of Fixed Assets;

(iv) Interest paid on Deposits;

(v) Depreciation on Computers;

(vi) Goodwill Written off;

(vii) Commission paid for Deposit Mobilisation; and

(viii) Repairs Expenses?


Other things remaining the same, an increase in the tax rate on corporate profit will : 


Financial management is based on three broad financial decisions. What are these?


'S' Limited is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7% - 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand. It is estimated that it will require about Rs 5000 crores to set up and about Rs 500 crores of working capital to start the new plant.

Which of the following is the role and objectives of financial management for this company.


The foremost objective of financial management is :


Which of the following statements is false regarding financial management?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×