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

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Arrange the following steps in the correct sequence of the life of a company:

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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Arrange the following balance sheet items in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013-

(A) Current Assets

(B) Shareholder's Funds

(C) Non-current Liabilities

(D) Non-Current Assets

(E) Current Liabilities

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Which accounting standard is applicable for recognizing intangible assets?

Goods costing Rs.80,000/- were sold at a profit of 20% on sales. the amount of gross profit on this sales is.

Match List-I with List-II

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