In the balance sheet of a company, the discount on issue of debentures is shown under which heading
A) Fixed asset
B) Current asset
C) Investment
D) Miscellaneous expenditure
Correct Answer:
Verified
Q1: Which of the following should be deducted
Q3: The original cost at which an asset
Q4: The international accounting standard Committee was set
Q5: The process of converting foreign subsidiary financial
Q6: Accounting in india is governed by the
Q7: Interim dividend paid is always shown
A)In P/L
Q8: Unclaimed dividend is shown in the B/S
Q9: Debentures are shown in the B/S under
Q10: Preliminary expenses is an example of
A)Fixed asset
B)Current
Q11: Divisible profit do not include
A)Insurance fund
B)Reserve fund,
C)profit
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