Equity and Liabilities side contains Reserve and Surplus, Deferred tax Liabilities (Net) and Long term borrowings. Deferred tax Assets (Net) and Long term loans and Advances appear on the Assets side.
CUET UG 2023 — Accountancy Financial Statements
The following are the items appearing in Equities and Liabilities side of Balance Sheet
A. Deferred tax Assets (Net)
B. Reserve and Surplus
C. Deferred tax Liabilities (Net)
D. Long term borrowings
E. Long term loans and Advances
Choose the correct answer from the options given below:
Held on 20 Jun 2023 · Verified 13 Jul 2026.
A, B and C only
B, C and D only
B, C, D and E only
A, D and E only
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Profit before interest and tax-
Match List-I with List-II | List-I | List-II | |---|---| | (A) SHAREHOLDERS FUND | (I) Non-current investments | | (B) CURRENT LIABILITIES | (II) Reserves and Surplus | | (C) CURRENT ASSET | (III) Trade Payables | | (D) FIXED ASSET | (IV) Inventories | Choose the correct answer from the options given below:
Auditor issues Annual report of company refering to___.
If the net profits earned during the year is Rs. 50,000 and the amount of debtors at the beginning and the end of the year is Rs. 10,000 and Rs. 20,000 respectively, then the cash from operating activities will be equal to:
Cash advances and loans made by financial enterprises are usually classified as ___________ activity.
Work through every CUET UG Financial Statements PYQ, year by year.