Analysis of Financial Statements-Financial Statements of a Company (CBSE Class-12 Accountancy): Questions 3 - 13 of 32

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Question number: 3

» Analysis of Financial Statements » Financial Statements of a Company

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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.

Question number: 4

» Analysis of Financial Statements » Financial Statements of a Company

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What is Endonoment fund?

Question number: 5

» Analysis of Financial Statements » Financial Statements of a Company

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Write any two limitation of receipts and payment account?

Question number: 6

» Analysis of Financial Statements » Financial Statements of a Company

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Distinguish between profit - seeking organisation and not for profit organisation?

Question number: 7

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Write any four features of income and expenditure account?

Question number: 8

» Analysis of Financial Statements » Financial Statements of a Company

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What is honorarium?

Question number: 9

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During the year 2007 a club received Rs. 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?

Question number: 10

» Analysis of Financial Statements » Financial Statements of a Company

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Difference between receipt and payment account and trial balance?

Question number: 11

» Analysis of Financial Statements » Financial Statements of a Company

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Distinguish between Income and Expenditure Account and Receipt and Payment Account on the basis-of nature of items recorded therein.

Question number: 12

» Analysis of Financial Statements » Financial Statements of a Company

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Define restricted fund and unrestricted fund?

Question number: 13

» Analysis of Financial Statements » Financial Statements of a Company

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Difference between receipt and payment account and cash book.

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