Question 12 Chapter 1 of +2-B – USHA Publication 12 Class

Posted by By Shubham Sharma 2 Min Read July 13, 2024
Question 12 Chapter 1 of +2-B
Q-12- CH-1 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 12 Chapter 1 of +2-B

12. (Identification of heads of Assets & Liabilities/GST) Give the heading under which the following items will be shown in a company’s balance sheet as per schedule III of Companies Act, 2013.

i.10% Debentures ii.Bills discounted from bank
iii.Trade Payable iv.Calls in arrears
v.Debenture Redemption Reserve vi.General Reserve
vii.Work in Progress viii.Investment
ix.Output CGST x.Output SGST

 

The solution of Question 12 Chapter 1 of +2-B: – 

 

Items

 Heading
(i) 10% Debentures Non – Current Liabilities
(ii)Bills discounted from bank Contingent Liabilities
(iii) Trade Payable Current Liabilities
(iv) Calls in arrears Share Capital (Deducted from Called up Capital)
(v) Debenture Redemption Reserve Reserve & Surplus
(vi) General Reserve Reserve & Surplus
(vii) Work in Progress Current Assets
(viii) Investment Non – Current Assets
(ix) Output CGST Current Liabilities – Other current Liabilities
(x) Output SGST Current Liabilities – Other current Liabilities



To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Question 11 Chapter 1 of +2-B – USHA Publication 12 Class

Question 12 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 13 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 21 Chapter 1 of +2-B – USHA Publication 12 Class

Question 22 Chapter 1 of +2-B – USHA Publication 12 Class

Question 23 Chapter 1 of +2-B – USHA Publication 12 Class

Question 24 Chapter 1 of +2-B – USHA Publication 12 Class

Question 25 Chapter 1 of +2-B – USHA Publication 12 Class

Question 26 Chapter 1 of +2-B – USHA Publication 12 Class

Question 27 Chapter 1 of +2-B – USHA Publication 12 Class

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

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Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

Accountancy – Part 1 Class 12 – Session 2024-25 – Solution for free

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

Advanced Accountancy II Part 1 Class 12 – Solution for free

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