Identify the limitations of financial statements :

A. Can be biased

B. Report on stewardship function

C. Aggregate information

D. Only interim reports

E. Basis of fiscal policies

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Match List - I with List - II.

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

Arrange the following items of statement of profit and Loss in a sequence.

(A) Total Revenue

(B) Revenue from Operations

(C) Other Income

(D) Expenses

(E) Profit Before Tax

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An annual report is issued by a company to its --------------.

Select the sub-head under which loose tools will be shown in the Balance Sheet of a company -

What is the correct sequence to prepare company's Balance Sheet as per the standard format given according to schedule III of Companies Act 2013?

A. Non Current Liability

B. Non Current Assets

C. Shareholder's Fund

D. Current Assets

E. Current Liability

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