Calculate credit revenue from operations using following information:

Total revenue from operations : Rs 4,00,000, Cash received from operations are 25% of Credit revenue from operations.

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

Which of the following items are part of Intangible non current Assets:

A. Patents

B. Furniture

C. Statement of Profit & Loss A/c (Dr)

D. Goodwill

E. Trademark

Choose the correct answer from the options given below:

Arrange the following Current Liabilities in sequence as per Balance Sheet Format.

(A) Short-term borrowings

(B) Trade payables

(C) Other current liabilities

(D) Short-term provisions

Choose the correct answer from the options given below:

The closing balance of Receipts and Payments Account depicts _________.

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

Choose the correct answer from the options given below:

Employee benefit Expenses doesn't include