Advertisement Remove all ads

List Any Four Items Other than 'Stock-in-trade' that Are Presented Under the Sub-head 'Inventories' as per Schedule Ill of the Companies Act, 2013. - Accountancy

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads

List any four items other than 'stock-in-trade' that are presented under the sub-head 'inventories' as per schedule Ill of the Companies Act, 2013.

List the four items that are shown under the heading inventories other than 'stock in trade' in the Balance Sheet of a company as per Schedule Ill of the Companies Act, 2013.

Advertisement Remove all ads

Solution

List of items shown under inventories in the Balance Sheet of a company as per Schedule Ill of the Companies Act, 2013.

i. Stores and Spares

ii. Work-in-progress

iii. Raw materials

iv. Loose Tools

 

Concept: Statement of Profit and Loss and Balance Sheet in the Prescribed Form with Major Headings and Sub Headings
  Is there an error in this question or solution?
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×