3 ANSWER TO QUESTION NO- (viii) 3 DEFERRED TAX ASSET/LIABILTY RECORDED IN BALANCE SHEET 3 ANSWER TO QUESTION NO- (ix) 4 ANSWER TO QUESTION NO- (x) 4 ANSWER TO QUESTION NO- (xi) 4 INTERESTING 4 CONFUSING 4 DIFFICULT 4 INTRODUCTION With increase in competition, any business concern has to improve its own performance over years to sustain it with