formats for preparation of various accounts relating to electricity companies are st 609538

1. Under double account system, the balance sheet is split into __________ and __________.
2. Under double account system, P&L A/c is named as __________.
3. Under double account system, P&L appropriation A/c is called ________.
4. Public utility undertakings present financial statements by adopting _________ system.
5. Under double account system, capital A/c is named as _________ and ________ on capital A/c.
6. Under double account system, fixed assets are shown at _________ .
7. Depreciation is provided by __________ .
8. Loans and debentures are treated as _________ .
9. Interest on loans and debentures is treated as __________.
10. Discount and premium on issue of shares and debentures are treated as _________ .
11. Renewals are provided for out of _________ .
12. Balance of net revenue A/c is shown in the _________ side of the general balance sheet.
13. The capital A/c is in the form of _________ .
14. Revenue A/c is purely concerned with __________ activities of the concerns.
15. Depreciation is debited to _________ and credited to __________.
16. Preliminary expenses on formation of concerns are treated as __________.
17. The actual repairs are debited to the __________ A/c and not to the __________ A/c.
18. Assets continue to appear in the books as __________ and not as _________ even if they are absolute.
19. __________ is not at all affected by cost of material reused.
20. Formats for preparation of various accounts relating to electricity companies are statutory forms under the __________ Act, 1910.