Question
Classify the following under the respective head in
balance sheet: Items: I. Current maturities of long-term debt II. ย Debentures III. Uncalled liability on shares IV. Deferred tax liability Head: A.ย ย Non-Current Liabilities B.ย ย Current Liabilities C.ย ย Contingent Liabilities & commitmentsSolution
Current maturities of long term debt is a current liability as now the debt has been matured for repayment. Debentures are non-current liability, this is because debentures are long-term borrowing instruments with maturities usually extending beyond one year. Uncalled liability on shares is classified as Contingent Liabilities & commitments. Deferred tax liabilities are expected to be settled more than one year into the future, so they fall under the non-current liabilities category.
X is 13m south east of Y and Z is 12m south of Y. In which direction is Z with respect to X?
A person starts from a point P and travels 5 km eastwards to Q and then turns left and travels thrice that distance to reach R. He again turns left and ...
Read the directions carefully and answer the following question.
The houses of A and B face each other on a road going north-south, A and B hav...
Z is in which direction with respect to M?
- One day, Pooja leaves her office and walks 40m towards east. She then turned right and walks 40m, and then she again turned right and walks 20m. From there...
What is the total distance between Pole M and Pole R?
W is in which direction with respect to Y?
Four of the following five are alike in o certain way as per the given arrangement and hence form o group. Find the one which does not belong to that g...
Julia started walking towards North. After walking 30 meters she turned right and walked 40 meters and took a left turn and walked 20 meter. Agai...
1- Creativity
2- Creation
3- Creature
4- Credential
5- Critique