Question 11 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Rearrange the following in the from of Company Balance Sheet S per Schedule 3 part 1 of the companies Act, 2013.
| ₹ | |
| Bills Payable | 50,000 |
| Unclaimed dividend | 22,500 |
| Accounts receivable | 20,000 |
| Shares in XYZ Ltd. | 30,000 |
| Deposits with ICICI Bank | 80,000 |
| Securities premium | 75,000 |
| Prepaid rent | 4,000 |
| Underwriting commission | 3,000 |
| Stores and spares | 8,000 |
| Patents | 2,000 |
The solution of Question 11 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021 : –
Balance sheet (Extract form)
| Particulars | ₹ | |
| Equity and Liabilities | ||
| 1.Shareholder’s fund | ||
| a. Share capital | ||
| b. Reserve and Surplus (securities premium) | 75,000 | |
| Underwriting commission | 3,000 | |
| Non-Current Liabilities | ||
| Long term liabilities | ||
| Current Liabilities | ||
| Trade payable (Bills payable) | 50,000 | |
| Short term provision (unclaimed dividend) | 22,500 | |
| Assets | ||
| Non-Current Assets | ||
| a. Fixed Assets – intangible (patents) | 2,000 | |
| b. Non-current investments | ||
| Shares in XYZ Ltd. | 30,000 | |
| Deposit with ICICI Bank | 80,000 | |
| 2. Current Assets | ||
| Inventories – Stores and spares | 8,000 | |
| Trade receivable (Account Receivable) | 20,000 | |
| Loans and Advances (prepared rent) | 4,000 | |
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Financial Statements of a Company and Its formats
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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