Question

FINANCIAL STATEMENTS OF COMPANIES
(v) Provision for Employee Benefits (to be settled within 12 months)
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Q. 16. Under what headings will you show the following items in the Balance
9.64
Sheet of a Company :
SU
(i) Credit Balance of Statement of Profit & Loss
(ii) Discount on Issue/Loss on issue of Debentures
(iii) Employees earned leave payable on retirement.
(iv) Provision for Provident Fund Scheme
(vi) Provision for Doubtful Debts
(vii) Contracts remaining to be executed

Answer 1

Answer:

Explanation:

FINANCIAL STATEMENTS OF COMPANIES