What will be the accounting treatment of outstanding expenses in the Income and Expenditure A/c.

(A) Added in main or concerned head

(B) Subtracted from main head

(C) Shown in Balance-Sheet as Liability

(D) Will not be shown in Income and Expenditure A/c

(E) Shown in Receipt and Payment A/c only

Choose the correct answer from the options given below :

Fixed deposit for the term of five years will come under which of the following?

Calculate subscription received during the year 2021-22 from the following information :

Amount of subscription credited to Income and Expenditure A/c for the year ended 2021-22 Rs. 1,05,000

Subscription received in advances as on 31 March, 2022 Rs. 10,000

Subscription received in advances as on 31 March, 2021 Rs. 7000

Subscription outstanding as on 31 March, 2021 Rs. 10,500

Subscription outstanding as on 31 March, 2022 Rs. 20,500

Arrange 'Fixed Assets' in proper order

(A) Intangible assets under development

(B) Tangible assets

(C) Intangible Assets

(D) Capital Work in Progress

Choose the correct answer from the options given below:

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

Choose the correct answer from the options given below:

Depreciation on furniture is:

Which accounting standard is applicable for recognizing intangible assets?