AS -20 deals with presentation and Computation of---------------

Related MCQs

• The computation of loss by fire is very simple taken when a -------------- asset is destroyed
• AS-7 deals with accounting for construction contracts in financial statements of
• AS -26 deals with the treatment of costs of……………in financial statements.
• AS 15 deals with the accounting for retirement benefits in the financial statements of --------------
• AS – 7 deals with accounting for Government grants.
• All sums of…………….received and expended by the Society and the matters in respect of which receipts and expenditure take place.
• Profit and losses can’t be ascertained because Trading and Profit and loss account can’t be prepared.
• Every banking company should prepare a balance sheet and profit and loss accounts as on……………..each year.
• Interest paid and payable comes to the……………side of the profit and loss account.
• ……….and will share revenue equally between the central and State.