Which among the following items appear in the Receipt and Payment Account ?

(A) Life membership fees

(B) Depreciation of fixed assets

(C) Provision of doubtful debts

(D) Profit/loss on sale of fixed assets

Choose the correct answer from the options given below :

If the credit side of Receipt and Payment A/c is more than the debit side then the difference will be shown as :

As per AS-26 assets like goodwill should be written off .

Identify the components of equity:

A. Money received against share warrants

B. Working capital

C. Share capital

D. Reserves & surplus

E. Cash Revenue from operations

Choose the correct answer from the options given below:

The following are the items appearing in Equities and Liabilities side of Balance Sheet

A. Deferred tax Assets (Net)

B. Reserve and Surplus

C. Deferred tax Liabilities (Net)

D. Long term borrowings

E. Long term loans and Advances

Choose the correct answer from the options given below:

Balance Sheet provides information about financial position of the enterprise:

Which among the following is NOT the feature of the Presentation of the Financial Statement?