Under which heads and sub-heads the following items will appear in the Balance Sheet of a company as per revised Schedule VI, Part-I of the Companies Act 1956.
i. Tax Reserve
ii. Interest on Calls in Advance
iii. Store and Spares
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Solution
|
Particulars |
Note No. |
2011-12 |
2010-11 |
|
Revenue from Operations |
20,00,000 |
12,00,000 |
|
|
Other Incomes |
12,00,000 |
9,00,000 |
|
|
Expenses |
13,00,000 |
10,00,000 |
Concept: Accounting for Companies - Introduction
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