List of top Accountancy Questions on Financial Statements of a Company

A company AB Ltd issued 12% debentures of ₹ 10,00,000 of ₹ 100 each to public. In the terms of issue, these debentures are redeemable after 10 months ending on 31st January, 2022. These debentures will be shown in balance sheet as on 31st March, 2021 under the heading:
What is the correct sequence to prepare company’s Balance Sheet as per the standard format given according to Schedule III of Companies Act, 2013?
A. Non-Current Liability
B. Non-Current Assets
C. Shareholder’s Fund
D. Current Assets
E. Current Liability
Choose the correct answer from the options given below:
Under which major headings and sub-headings (if any) will the following items be presented in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013 ?
Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule-III, Part-I of the Companies Act, 2013 :
(i) Computer software
(ii) Outstanding salary
(iii) Work in progress
What is meant by comparative income statement? How is it prepared?
Mention two objectives of financial statements.
Common size financial statements are mostly prepared in the form of:
Parties interested in financial statements are:
When financial statements of two or more organisations are analysed, it is called:
The term ‘Financial Statement’ includes:
Financial Statement is:
An annual report is issued by a company for:
Given below are the extracts of information from Financial statements of Zucca Ltd.
Particular2020-212021-22
Equities and Liabilities  
Share holder's funds  
Reserve and Surplus (Statement of Profit and Loss)4,00,0007,00,000
Current liabilities :- Dividend Payable 40,000
Calculate amount of Net Profit after tax, if an interim dividend of ₹ 2,00,000 was declared and paid.
Arrange the following items in Correct order as per the Statement of Profit and Loss of a Company.
(A) Employee Benefit Expenses
(B)Finance Costs
(C) Depreciation and Amortisation
(D) Purchase of Stock in Trade
(E)Exceptional Items
Choose the correct answer from the options given below: