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प्रश्न
Under which head following revenue items of a financial company will be classified or shown:
(i) Gain (Profit) on Sale of Building;
(ii) Revenue from Project Consultancy Rendered;
(iii) Sale of Scrap;
(iv) Interest earned on Loans; and
(v) Gain (Profit) on sale of Investments?
उत्तर
| ITEMS | HEAD |
| Profit on Sale of Building | Other Income |
| Revenue from Project Consultancy Rendered | Other Income |
| Sale of scrap | Other Income |
| Interest earned or Loans | Revenue from Operations |
| Profit on Sale of Investment | Revenue from Operations |
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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 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?
Calculate Cost of Materials Consumed from the following:
Opening Inventory of Materials ₹5,00,000; Purchase of Materials ₹25,00,000; and Closing Inventory of Materials ₹4,00,000.
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In a company’s balance sheet Assets are shown in the order of ________.
A company prepares its Balance Sheet as per ________.
As which act companies is revised schedule VI.
Assets are divide in to ______.
Reserve and surplus are comes in which head ______.
An example of fixed asset is ______.
The assets held by a business which can be converted in the form of cash, without disturbing the normal operations of a business ______.
Current assets are also referred to as ______.
Carriage Inward is normally debited to _______.
In Balance Sheet Computer software is shown under the ______.
Preliminary expenses include ______.
