in depth of the study

2.  A share warrant is a financial instruments which gives the holder the right to convert
it into equity shares.
 A disclosure of the money received against share warrants is to be made because the
shares are yet to be allocated against these warrants.
 In the case of limited companies, share warrants are issued to promoters and others
in terms of the Guidelines for preferential issues.

3.  This refers to application money having been received but the allotment not having
been made on the date of the Balance sheet.
 The amount shown as share application money pending allotment will not include
share application money to the extent refundable.
 Such amount will have to be shown separately under the head current liabilities.
 Call paid in advance are to be shown under the head other current liabilities.

4.  It is expected to be settled within the company’s Normal Operating Cycle
 Operating cycle is the time between the acquisition of assets for processing and their
realization in cash or cash equivalents. By default it is 12 months.
 It is being held primarily for the purpose of being traded.
 It is due to be settled within 12 months after the reporting date
 The company does not have an unconditional Right to defer settlement of the liability for
at least 12 months after the Reporting Date.
 NCL are classified into:
 Long term borrowings
 Deferred tax liabilities
 Other long term liabilities
 Long term provisions

5.  Original cost- as on 1st April of the financial
year
 Deductions/Deposits
 Depreciation or Amortisation of the year
 Deductions
 Accumalted Depreciation/ Amortisation- as
on 31st March.
 WDV
 WDV

6.  Trade investments:
 Investment in property
 Investments in equity instruments
 Investments in preference shares
 Investments in gov/trust securities
 Investments in bonds
 Mutual funds
 Partnership firms
 Other non current investments
 Other investments.

7.  Raw materials
 Work in progress
 Finished goods
 Stock in trade
 Stores and spares
 Loose tools
 others

8.  Claims against the company not acknowledged
as debt
 Guarantees
 Other moneys for which the company is
contingently liable
 Commitments:
 Estimated amounts of contracts remaining to be
executed on capital account and not provided for
 Uncalled liability on shares and other investments
 Other commitments