Every company registered under The Companies Act 2013 shall prepare its balance sheet in the prescribed format. Arrange the following Non-current Liabilities in proper order:

A. Deferred tax liabilities (net)

B. Long term provisions

C. Other long term liabilities

D. Long term borrowings

Choose the correct answer from the options given below:

Arrange the following under the heading Equities and Liabilities in balance sheet of a company.

(A) Non-current liabilities

(B) Current liabilities

(C) Shareholders fund

(D) Share application money pending allotment

Choose the correct answer from the options given below:

Current liabilities include :

(A) Trade receivables

(B) Unclaimed dividend

(C) Interest accrued but not due on loan

(D) Acceptances

(E) 12% debentures redeemable after four years

Choose the correct answer from the options given below :

Which among the following items is shown as the Major Head in the balance sheet of a company?

There are 500 members in a Rotary club, who provide medical services to poor people in backward area. Each member pays 1,000 Rs. as subscription. During financial year 100 members paid partial subscription of Rs.80,000. 10 members left without giving yearly subscription. Amount received during current financial year will be

Loss on sale of furniture is

If there appears a Tournament Fund, then the expenses incurred on Tournament activities will be shown :