1. Which of the following is the element of financial statements?

2. Which of the following is not required to be prepared under the Companies Act:

3. Equity ₹ 90,000 Liabilities ₹ 60,000 Profit of the year ₹ 20,000. Then total assets will be :

4. The reserve which is created for a particular (specific) purpose and which is a charge against revenue is called:

5. An Annual Report is issued by a company to its:

6. The profit and loss disclosed by the accounts of a company is:

7. The assets of a business can be classified as :

8. The term financial statements includes :

9. Balance Sheet is a :

10. Financial statements are the product of accounting process.