Requirements given in part II of ‐‐‐‐‐‐‐‐‐‐‐‐‐apply to statement of profit or loss

Related MCQs

• Requirements given in part II of the schedule VI apply to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Requirements given in part I of schedule VI apply to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Requirements given in part I of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ apply to Balance sheet
• ------- profit means profit which would otherwise be available for distribution of dividend.
• The company earns a net profit of 24,000 with a capital of1,20,000. The NRR is 10%. Under capitalisation of super profit, goodwill will be ___________.
• The Profit and Loss Account of companies is prepared in the form ………….
• Profit and Loss Account of General Insurance Companies are prepared in …………
• Profit and Loss Account of General Insurance Companies are prepared in … ………
• Profit and Loss Account of General Insurance Companies are prepared in … ………
• The profit and loss account under double account system is termed as…..