Question
The format for the 'Statement of Profit and Loss' is
prescribed in which schedule of the Companies Act, 2013?Solution
Schedule III of the Companies Act, 2013, provides the general instructions and format for the preparation of both the Balance Sheet and the Statement of Profit and Loss (also known as the Income Statement).
More Accounts Questions
120, 157, 116, 159, ?, 165
Choose the missing term.
R, U, X, A, D,?
What value should come in the place of (?) in the following number series?
71, 72, 76, 103, ?, 24417   9   10   16.5   35    ?    273
What will come in place of the question mark (?) in the following series?
2, 5, 10, 17, 26, ?, 50- What will come in place of the question mark (?) in the following series?
10, 17, 26, 37, 50, ? 12, 27, ?, 113, 141, 285, 313
72, 97, 147, ?, 322, 447
28, 43, 73, 118, ?, 253
24, 168, 28, 140, 35, ?Â
