Identify the correct sequence of current assets in company's Balance sheet?

A. Bills Receivables

B. Cash & cash equivalents

C. Short term loans & advances

D. Inventories

E. Current investments

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Auditor issues Annual report of company refering to___.

Which accounting standard is applicable for recognizing intangible assets?

Identify the term that indicate excess of Expenditure over Income, in case of a Not-for-profit Organisation.

Balance Sheet provides information about financial position of the enterprise:

Current liabilities does not include:

Which entries are correct in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013-

(A) The shareholders' funds are sub-classified as Share Capital, Reserves and Surplus & Money received against Share Warrants.

(B) Reserves and Surplus include Revaluation Reserve.

(C) Both tangible and intangible assets are current assets.

(D) Deferred tax assets/liabilities are always non-current.

Choose the correct answer from the options given below: