Question 8 Chapter 4 - Unimax Publication Class 12 Part 2 - 2021

Question 8 Chapter 4 - Unimax Publication Class 12 Part  2 - 2021

How would you disclose the following items in the balance sheet of a company:

(1) Interest accured on investments
(2) Calls unpaid
(3) Debenture Redemption
(4) Discount allowed on issue of shares and debentures.
(5) Debenture Redemption Fund
(6) Provision on redemption of debentures
(7) Loss on issue of debenture
(8) Calls in advance
(9) Deposit with Customer Authorities
(10) Bills discounted but not yet matured.

The solution of Question 8 Chapter 4 - Unimax Publication Class 12 Part 2 -2021 : -

S. No	Items	Main Heading	Sub Heading
1.	Interest Accured on investment	Current Assets	Other Current Assets
2.	Calls unpaid	Shareholder funds	Deducted from share capital
3.	Debenture Redemption Reserve	Shareholder funds	Reserve and Surplus
4.	Discount of shares and debentures.	Non-Current Assets	Other Non-Current Assets
5.	Debenture Redemption Fund	Shareholder funds	Reserve and Surplus
6.	Provision on redemption of debentures	Non-Current Liabilities	Long Term Provision
7.	Loss on issue of debenture	Non Current Assets	Other non Current Assets
8.	Calls in advance	Current Liabilities	Other Current Liabilities
9.	Deposit with Customer Authorities	Non-Current Assets	Long term Loans And Advances
10.	Bills discounted but not yet matured	Contingent Liabilities	To be Shown in The Notes To Accounts

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Unimax Publication - Accountancy PSEB Class 12 - Volume I - Solution

• Chapter No. 1 – Accounting Not for Profit Organisations
• Chapter No. 2 – Partnership Accounts – I (Introduction)
• Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
• Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
• Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
• Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
• Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

Unimax Publication - Accountancy PSEB (Class 12) - Part - II - Solution

• Chapter No. 1 – Company Accounts (Share Capital)
• Chapter No. 2 – Company Accounts (Issue of Debentures)
• Chapter No. 3 – Company Accounts (Redemption of Debentures)
• Chapter No. 4 – Financial Statements of a Company
• Chapter No. 5 – Financial Statement Analysis
• Chapter No. 6 –  Tools of Financial Statement Analysis- Comparative and Common Size  
• Chapter No. 7 – Ratio Analysis
• Chapter No. 8 – Cash Flow Statement

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