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Accountancy Test - 6
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  • Question 1/10
    5 / -1
    Balance sheet ascertains _________ of the company. 
  • Question 2/10
    5 / -1
    Subscription received by a school for organising annual function is treated as:
  • Question 3/10
    5 / -1
    For calculating trend percentages, any year is selected as:
  • Question 4/10
    5 / -1
    As per the format of Balance sheet prescribed as per Schedule III of Companies Act 2013, Mining rights is shown under the heading of:
  • Question 5/10
    5 / -1
    A company’s net sales are ₹ 15,00,000; cost of sales is ₹ 10,00,000 and indirect expenses are ₹ 3,00,000, the amount gross profit will be:
  • Question 6/10
    5 / -1
    Outstanding Share Option Account is shown under the head _______, as per the balance sheet format prescribed as per Schedule III of the Companies Act 2013.
  • Question 7/10
    5 / -1
    In a Balance sheet, income accrued but not received is shown as _____.
  • Question 8/10
    5 / -1
    A company’s shareholder's fund was ₹10,00,000 in the year 2015. It became ₹15,00,000 in the year 2016. What is the percentage of change?
  • Question 9/10
    5 / -1
    As per the format of Balance sheet prescribed as per Schedule III of Companies act 2013, Money received against share warrant is shown under the heading of ______.
  • Question 10/10
    5 / -1
    Which of the following is shown under assets side of a company’s balance sheet?
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