Analysis of financial statement 1

Debentures redeemable after 10 years from the date of issue are shown as

• Long-term borrowings

• Other long-term liabilities

• Short-term borrowings

• Other short-term liabilities

Name the item out of the following which is shown as short-term provision

• Provision for tax

• Interest accrued but not due

• Employees' provident fund

• Interest accrued and due

Money received against share warrants is shown as

• Shareholders' funds

• Other long-term liabilities

• Long-term provisions

• Other current liabilities

Share application money (refundable) is shown as

• Other long-term liabilities

• Other current liabilities

• Short-term provisions

• Short-term borrowings

Calls-in-advance and interest thereon is shown as

• Shareholders' funds

• Other non-current liabilities

• Other current liabilities

• Trade payables

Mining rights

• Tangible fixed assets

• Intangible fixed assets

• Intangible assets under development

• Capital work-in-progress

Premium on redemption of debentures is shown as

• Long-term borrowings

• Short-term borrowings

• Other long-term liabilities

• Short-term provisions

Bills payable is shown as

• Long-term borrowings

• Short-term borrowings

• Other current liabilities

• Trade payables

Surplus, i.e., Balance in Statement of profit and loss is shown as

• Share capital

• Reserves and surplus

• Other long-term liabilities

• Current liabilities

In a company's Balance Sheet, Debit (Negative) balance of Statement of profit and loss is shown as

• Non-current liabilities

• Current liabilities

• Non-current assets

• Reserves and surplus