ابدأ بالتواصل مع الأشخاص وتبادل معارفك المهنية

أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.

متابعة

Kindly identify a pair from the followings which is a mismatch with respect to Company Accounts :::?

(a)Miscellaneous Expenditure – Preliminary Expenses

(b)Contingent Liabilities – footnote to balance sheet

(c)Debentures – Unsecured Loans

(d)Outstanding Expenses – Current Liabilities

user-image
تم إضافة السؤال من قبل Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
تاريخ النشر: 2015/08/20
Ana maria Ramos
من قبل Ana maria Ramos , sales associate , AQUA fashion General trading LLC

D.outstanding expenses-current liabilities

Emad Mohammed said abdalla
من قبل Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>>>>>>>>>>  (c)Debentures – Unsecured Loans

Mohammed Asim Nehal
من قبل Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

Correct answer is c) Debenture - Unsecured Loans , they are fully secured loans

LAURETTA MURRAY
من قبل LAURETTA MURRAY , Showroom Manager , Lingerie Store

D) OUTSTANDING EXPENSES - CURRENT LIABILITIES

Badar Khan
من قبل Badar Khan , Accounts cum administrative assistant , Al Qassimia Drivng Training Centre.Sharjah

the mismatch is part  (b) because contingent liabilities are shown in notes and not in balance sheet

Parmod Singal
من قبل Parmod Singal , Partner , Parmod Singal & Associates

(c)Debentures – Unsecured Loans

 

Asad Ahmed
من قبل Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

Outstanding Expenses - Current Liabilities  is mismatch

Venkateswarababu Jeganathan
من قبل Venkateswarababu Jeganathan , Senior Accountant , Aseer Time Al Kuwait Restaurant

contingent Liabilities-Foot note to balance sheet

Mohd Nadeem
من قبل Mohd Nadeem , Senior Accountant , Alliance Prime Accounting & Tax Consultancy

(a) is the right answer

Miscellaneous Expenditure – Preliminary Expenses

 

Mohamed Ebrahim
من قبل Mohamed Ebrahim , Director , Ace Associates - Certified Public Accountants – member firm of McMillan Woods Global

a) Miscellaneous expenditure - Preliminary Expenses

المزيد من الأسئلة المماثلة