9.10 SELF ASSESSMENT QUESTIONS 1. "Every Balance Sheet of Company shall give a true and fair view of the state of affairs of the company as at the end of the financial year and shall subject to the provision of Section 211 of the Companies Act, be in the form set out in Part I of Schedule VI...." Amplify and give the form of Balance Sheet. 38 2. What are the various heads under which profits are usually appropriated by companies and for what reason?

9.10 SELF ASSESSMENT QUESTIONS 1. "Every Balance Sheet of Company shall give a true and fair view of the state of affairs of the company as at the end of the financial year and shall subject to the provision of Section 211 of the Companies Act, be in the form set out in Part I of Schedule VI...." Amplify and give the form of Balance Sheet. 38 2. What are the various heads under which profits are usually appropriated by companies and for what reason?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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