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Under which major heads and sub-heads will the following items be presented in the
Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013 ?
(i) Bank Overdraft
(ii) Subsidy Reserve
(iii) Capital Redemption Reserve
(iv) Mining Rights
(v) Patents
(vi) Debit balance in the Statement of Profit and Loss
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Its an mcq just tell which answer you are make li more difficult
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why X Y and Z are partners sharing profit and losses in the ratio of 5 : 3: 2. They admit A into partnership and give him 1/5 share of profit. find the new profit sharing ratio
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The answer is c
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