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    Question

    Which schedule of the Companies Act provides the format

    for the Balance Sheet?
    A Schedule I Correct Answer Incorrect Answer
    B Schedule II Correct Answer Incorrect Answer
    C Schedule III Correct Answer Incorrect Answer
    D Schedule IV Correct Answer Incorrect Answer
    E Schedule V Correct Answer Incorrect Answer

    Solution

    Schedule III of the Companies Act, 2013, divides into two parts: Division I specifies the format for the financial statements for companies registered under the Act, and Division II specifies the format for NBFCs.

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