Practice Marshalling of the Balance Sheet - 7.7 | 7. Final Accounts and Concept of Trading, Profit and Loss Account, and Balance Sheet (with and without adjustments), Marshalling of Balance Sheet | ICSE Class 11 Accountancy
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does 'marshalling' refer to in accounting?

💡 Hint: Think about how we order the items for clarity.

Question 2

Easy

Name the two types of marshalling.

💡 Hint: Think about liquidity and maturity.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does marshalling help achieve in a balance sheet?

  • Overdue payments
  • Clarity and consistency
  • Increased complexity

💡 Hint: Consider the purpose behind organizing information.

Question 2

True or False: Liquid assets come first in marshalling.

  • True
  • False

💡 Hint: Think about the nature of cash.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You own a small business with the following financials:
- Cash: $10,000
- Machinery: $25,000
- Loan due in 3 years: $15,000
- Accounts payable: $2,000

Organize them based on marshalling principles.

💡 Hint: Remember the rules of liquidity and maturity.

Question 2

Explain the importance of proper marshalling in the case of investors evaluating company performance.

💡 Hint: Consider how clear communication affects stakeholder decisions.

Challenge and get performance evaluation