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Balance sheet of a company is required t...

Balance sheet of a company is required to be prepared in the format given in ............

A

Schedule III Part II

B

Schedule III Part I

C

Schedule III Part III

D

Table A

Text Solution

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The correct Answer is:
B
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List the sub-headings which are shown under the heading 'Current Assets' in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013.

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Knowledge Check

  • As per companies Act, the Balance Sheet of a company is required to presented in ..........

    A
    Horizontal Form
    B
    Vertical Form
    C
    Either Horizontal or Vertical Form
    D
    Neither of the above

  • Which of the following is not required to be prepared under the Companies Act

    A
    A - Statement of Profit and Loss
    B
    B - Balance Sheet
    C
    C - Report of Director's and Auditor's
    D
    D - Funds Flow Statement

  • Balance sheet is prepared to know

    A
    financial performance
    B
    financial position
    C
    liabilities position
    D
    assets position

    • Similar Questions

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    Explain with an imaginary example how issue of debentures as collateral security is shown in the Balance Sheet of a company when it is recorded in the Books of Account.

    List any three items that can be shown under the heading 'Reserves and Surplus' in a company's Balance Sheet. Or List any four items of 'reserves' that are shown under the heading 'Reserves and 'Surplus' in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013.

    Balance sheet is prepared to know

    While preparing the Balance Sheet of a Company which item is shown under the head 'Long term Borrowings' ?

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