Name any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. Post category:Accountancy Reading time:1 mins read SOLUTION Any one of the following:(i) Non-Current Assets.(ii) Current Assets. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostName any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet. Next PostName any two sub-line items (sub-headings) under which “Shareholder’s Funds” shall be classified in a Company’s Balance Sheet. You Might Also Like What are accumulated losses? September 26, 2022 Anshul and Parul are partners sharing profits in the ratio of 3 : 2. They admit Payal as partner for 1/4th share in profits on 1st April, 2019. Payal brings Rs. 5,00,000 as capital and her share of goodwill by cheque. It was agreed to value goodwill at three years’ purchase of average profit of last four years. August 1, 2022 What is meant by Financing Activities? October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Anshul and Parul are partners sharing profits in the ratio of 3 : 2. They admit Payal as partner for 1/4th share in profits on 1st April, 2019. Payal brings Rs. 5,00,000 as capital and her share of goodwill by cheque. It was agreed to value goodwill at three years’ purchase of average profit of last four years. August 1, 2022