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Under which heding the item 'Bills Disco...

Under which heding the item 'Bills Discounted but not yet matured' will be shown in the Balance Sheet of a company?

A

Current Liability

B

Current Assets

C

Contingent Liabilities

D

Unamortized Expenditure

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Verified by Experts

The correct Answer is:
C
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Relevant Items In The Balance Sheet

DK GOEL-FINANCIAL STATEMENTS OF COMPANIES-MCQ
  1. Claims against the Company not acknowledged as debts' is shown under t...

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  2. Unclaimed dividend appears in a Company's balance Sheet under the Sub-...

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  3. Interest accrued and due on debentures appear in a Company's Balance S...

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  4. Interest accrued but not due on loans appear in a Company's Balance Sh...

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  5. 6% Debentures appear in a Company's Balance Sheet under the Sub-head ....

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  6. Interest accrued on Investments appear in a Company's Balance Sheet un...

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  7. Accumulated Dividend Arrears' on preference shares is shown in the Com...

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  8. 50,000, 9% Debentures redeemable within 12 months of the date of Balan...

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  9. Which one of the following is Commitment ?

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  10. Which of the following items is shown under the head 'Current Asset' w...

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  11. Which preparing the Balance Sheet of a company 'Underwriting Commissio...

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  12. which of the following items is shown under the head 'Current Liabilit...

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  13. while preparing the Balance Sheet of a company 'Securities Premium' is...

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  14. Which of the following items is shown under the head 'Non-Current Asse...

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  15. Under which heding the item 'Bills Discounted but not yet matured' wil...

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  16. Which one of the following items is shown under the heading 'current l...

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  17. While preparing the Balance Sheet of a Company which item is shown und...

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  18. Share Capital of a Company consists of 5,00,000 Shares of Rs. 10 each,...

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  19. A Company has issued 2,00,000 Equity Shares of Rs. 10 each and it has ...

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  20. Change in Investories means :

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