Question 12 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021
Table of Contents
12. Identify the major heads under which the following items will be shown in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:
- Provision for Tax
- Loan Payable on Demand
- Computer and Related Equipments
- Goods acquired for tradin
The solution of Question 12 Chapter 1 – V.K. Publication Class 12 Part 2: –
| S.No. | Items | Major |
| (i) | Provision for Tax | Current liabilities |
| (ii) | Loan Payable on Demand | Current liabilities |
| (iii) | Computer and Related Equipment’s | Non –Current Assets |
| (iv) | Goods acquired for trading | 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)
- 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
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