Analysis of Financial Statements-Financial Statements of a Company [CBSE (Central Board of Secondary Education) Class-12 Accountancy]: Questions 3 - 12 of 32
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Question 3
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Show the major headings on the liabilities side of the Balance Sheet of a company as per Schedule VI Part I of the Companies Act, 1956.
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Question 5
Question 6
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Distinguish between profit - seeking organisation and not for profit organisation?
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Question 8
Question 9
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During the year 2007 a club received ₹ 1,00, 000 as entrance fees. According to accounting policy for the club 40% of the entrance fees is to be capitalised. How will you deal with entrance fees received by NPO?
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Question 11
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Distinguish between Income and Expenditure Account and Receipt and Payment Account on the basis-of nature of items recorded therein.
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