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प्रश्न
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?
उत्तर
| ITEMS | HEAD |
| Sales | Revenue from Operations |
| Revenue from services rendered | Revenue from Operations |
| Sale of scrap | Revenue from Operations |
| Interest earned or Loans | Other Income |
| Profit on Sale of Investment | 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 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?
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?
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In a company’s balance sheet Assets are shown in the order of ________.
Office building under construction will be shown under ________.
Claim against the company not yet acknowledged as debt, it is a ________.
As which act companies is revised schedule VI.
Assets are divide in to ______.
Reserve and surplus are comes in which head ______.
The assets held by a business which can be converted in the form of cash, without disturbing the normal operations of a business ______.
The return which the company pays on borrowed funds is termed as ______.
Current assets are also referred to as ______.
In Balance Sheet Computer software is shown under the ______.
Preliminary expenses include ______.
Preliminary expenses are shown in the balance sheet.
