THE CATALYST GROUP

Most Trusted Study Group in India

Balance Sheet

6397788939 | 8824312593
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 THE CATALYST GROUP I Most Trusted Study Group in India

Assets:

a. Current Assets: This note provides a breakdown of the

NPO's current assets, which are expected to be
converted into cash or used within the next operating
cycle or one year. It may include cash and cash
equivalents, accounts receivable, prepaid expenses, and
short-term investments.

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 THE CATALYST GROUP I Most Trusted Study Group in India

b. Property, Plant, and Equipment (PPE): This note

discloses details about the NPO's PPE, such as land,
buildings, equipment, and vehicles. It may include
information on the historical cost, accumulated
depreciation, and any impairment charges.

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 THE CATALYST GROUP I Most Trusted Study Group in India

c. Investments: This note provides information on

investments held by the NPO, such as stocks, bonds, or
mutual funds. It may include details about the
classification of investments (e.g., held-to-maturity,
available-for-sale), fair value measurements, and any
restrictions on their use.

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 THE CATALYST GROUP I Most Trusted Study Group in India

d. Intangible Assets: If the NPO has intangible assets,

such as patents, copyrights, or trademarks, this note
explains their nature, valuation methods, and any
amortization or impairment considerations.

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 THE CATALYST GROUP I Most Trusted Study Group in India

Liabilities:

a. Current Liabilities: This note presents the NPO's

current obligations that are expected to be settled
within the next operating cycle or one year. It may
include accounts payable, accrued expenses, short-term
loans, and any portion of long-term debt due within one
year.

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 THE CATALYST GROUP I Most Trusted Study Group in India

b. Long-Term Liabilities: This note provides details about

the NPO's long-term obligations, such as long-term loans,
bonds payable, and deferred revenue. It may include
information on repayment terms, interest rates, and any
related covenants or restrictions.

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 THE CATALYST GROUP I Most Trusted Study Group in India

c. Capital Fund: This note explains the NPO's capital fund,

which represents the funds contributed by the
organization's founders or initial contributors. It may
include information on the initial capital amount, any
subsequent contributions or withdrawals, and any
restrictions on the use of these funds.

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 THE CATALYST GROUP I Most Trusted Study Group in India

d. Other Funds: This note discloses details about other

funds held by the NPO, such as endowment funds,
reserve funds, or specific-purpose funds. It may include
information on the purpose of these funds, any
restrictions on their use, and any changes in their
balances during the reporting period.

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 THE CATALYST GROUP I Most Trusted Study Group in India

e. Capital Receipts: This note provides information on

any capital receipts received by the NPO during the
reporting period, such as proceeds from the sale of
assets or donations designated as capital contributions.

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 THE CATALYST GROUP I Most Trusted Study Group in India

www.https://thecatalystgroup.Info 6397788939| 8824312593

 THE CATALYST GROUP I Most Trusted Study Group in India

1. Which balance sheet note provides details about the

NPO's current obligations that are expected to be settled
within the next operating cycle or one year?
a) Current Assets
b) Current Liabilities
c) Investments
d) Net Assets

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 THE CATALYST GROUP I Most Trusted Study Group in India

2. Which balance sheet note explains the NPO's capital fund,

representing funds contributed by the organization's
founders or initial contributors?
a) Current Liabilities
b) Capital Fund
c) Other Funds
d) Investments

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 THE CATALYST GROUP I Most Trusted Study Group in India

3. Which balance sheet note provides information on the

NPO's long-term obligations, such as long-term loans and
deferred revenue?
a) Current Assets
b) Current Liabilities
c) Investments
d) Long-Term Liabilities

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 THE CATALYST GROUP I Most Trusted Study Group in India

4. Which balance sheet note provides a breakdown of the

NPO's cash and cash equivalents, including bank accounts
and short-term investments?
a) Current Assets
b) Investments
c) Current Liabilities
d) Net Assets

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 THE CATALYST GROUP I Most Trusted Study Group in India

5. Which balance sheet note discloses information about

other funds held by the NPO, such as endowment funds or
reserve funds?
a) Current Liabilities
b) Capital Fund
c) Other Funds
d) Net Assets

www.https://thecatalystgroup.Info 6397788939| 8824312593