aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Balance Sheet
  • General Reserve is shown on the ………side of the Balance sheet
Multiple choice

General Reserve is shown on the ………side of the Balance sheet

  1. Assets side

  2. Liabilities side

  3. Hidden

  4. Only in notes

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is a part of reserve & surplus.

Keep practicing — related questions

  • On which side of the balance sheet does Bank Balance come?
  • If the amount of interest on 12% investment shown as income in income and expenditure account is Rs. 2400, ...
  • Closing inventory is shown in balance sheet under which of the following?
  • What should be the treatment of debit balance of profit and loss account appearing in the balance sheet at ...
  • Co-operative banks have to prepare their balance sheet and profit and loss account in the forms set out in ...
  • A painter uses a sheet measuring 30 cm by 40 cm lengthwise. If a margin of 5 cm is left on all four sides, ...
  • Which of the following statements is not correct with regard to publication of accounts and balance sheet o...
  • Balance sheet is a _____statement.
Play the full quiz 🎤 Practise this topic out loud
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy