Name any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. Post category:Accountancy Reading time:1 mins read SOLUTION Any one of the following:(i) Non-Current Assets.(ii) Current Assets. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostName any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet. Next PostName any two sub-line items (sub-headings) under which “Shareholder’s Funds” shall be classified in a Company’s Balance Sheet. You Might Also Like Calculate Gross Profit Ratio from the following data: Average Inventory Rs. 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables Rs. 4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales. August 17, 2022 A, B and C were partners sharing profits in the ratio of 1/2, 2/5 and 1/10. Find the new ratio of the remaining partners if C dies. August 4, 2022 If Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? September 30, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Calculate Gross Profit Ratio from the following data: Average Inventory Rs. 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables Rs. 4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales. August 17, 2022
A, B and C were partners sharing profits in the ratio of 1/2, 2/5 and 1/10. Find the new ratio of the remaining partners if C dies. August 4, 2022
If Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? September 30, 2022