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Under what heading will you show the following item in the Balance Sheet of a Company: Provision for Provident Fund Scheme - Accounts

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Question

Under what heading will you show the following item in the Balance Sheet of a Company:

Provision for Provident Fund Scheme

Very Short Answer
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Solution

Non Current Liabilities under ‘Long term Provisions’

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Chapter 9: Financial Statements of Companies - PRACTICAL QUESTIONS [Page 9.60]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 9 Financial Statements of Companies
PRACTICAL QUESTIONS | Q 16. (iii) | Page 9.60
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