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Question 11 Chapter 1 – V.K. Publication Class 12 Part 2- 2021
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Table of Contents
11. Under which major heads, the following items will be placed in the Balance Sheets of company as per Schedule III, Part I of the Companies Act, 2013
- Securities Premium Reserve
- Balances with banks
- Term loans from bank
- Goods-in-transit
- Loans repayable on demand
- Computer software
- Unpaid dividend
- Vehicles
The solution of Question 11 Chapter 1 – V.K. Publication Class 12 Part 2: –
| S.No. | Items | Major |
| (i) | Securities Premium Reserve | Shareholders Fund |
| (ii) | Balances with banks | Current Assets |
| (iii) | Term loans from bank | Non –Current liabilities |
| (iv) | Goods-in-transit | Current Assets |
| (v) | Loans repayable on demand | Current liabilities |
| (vi) | Computer software | Non-current Assets |
| (vii) | Unpaid dividend | Current liabilities |
| (viii) | Vehicles | Non-Current Assets |
Financial Statements of a Company and Its formats
T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)
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- Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
- Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
- Chapter No. 3 – Goodwill: Nature and Valuation
- Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
- Chapter No. 5 – Admission of a Partner
- Chapter No. 6 – Retirement/Death of a Partner
- Chapter No. 7 – Dissolution of a Partnership Firm
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
- Chapter No. 4 – Accounting Ratios
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication