Question
In preparing financial statements as per Schedule III of
the Companies Act, ABC Ltd. classifies ‘Share Application Money Pending Allotment’ under current liabilities. The amount is intended for equity shares and complies with conditions of allotment. Is this classification correct?Solution
If the conditions of allotment are met, such application money is part of equity and not a liability.
Extending over Rajasthan, West of the Aravalis, this region has an erratic rainfall of an annual average of less than 25 cm. Bajra, jowar, and mot...
How many and what type of bonds are present in NH4+?
Which soil structure type is characterized by the arrangement of particles into thin, flat plates that lie horizontally?
Which of the following indicates a situation of hidden hunger in plants?
Khapra beetle is pest of
The range of period for medium range weather forecasting isÂ
Which of the following is used for primary tillage
Which chemical compound is primarily responsible for the characteristic aroma found in aromatic rice varieties, such as Basmati rice?
At field capacity the value of pF is:
What is the Capacity of High-volume sprayer?
