Contingency funds have been grouped in the balance sheet under the head ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Related MCQs

• On a consolidated balance sheet, if the shares of a company have been bought for more than the balance sheet value then the difference would appear as:
• The security premium account is shown in the balance sheet under the head……….
• Discount or loss on issue of debenture is shown in the balance sheet under the head ……..
• Debentures are shown in the balance sheet under the head ………..
• Unclaimed dividend is shown in the balance sheet under the head ……..
• Advance tax paid is shown in the balance sheet under the head……….
• Preliminary expenses not written off are shown in the balance sheet under the head…
• The security premium account is shown in the balance sheet under the head……….
• Discount or loss on issue of debenture is shown in the balance sheet under the head ……..
• Capital reserve will appear on the liability side of the balance sheet under the head ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.