Question 13 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question 13 Chapter 1 of +2-B

Question 13 Chapter 1 of +2-B

13.Under which major head and Sub-head of the Assets part of the Balance Sheet will the Following Be Shown:
(i) Intangible Assets; (ii)Intangible Assets Under Development;
(iii)Investments; (iv)Deferred Tax Assets(Net);(v)Stores and Spares
(vi)Loose Tools

 

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

Items

Heads
Sub. Heads
(i) Intangible Assets Non-current Assets Fixed Assets-Intangible Assets
(ii)Intangible Assets Under
Development
Non-Current Liabilities Fixed Assets-Intangible Assets under Development
(iii)Investments Non-current Assets Non-Current Investment
(iv)Deferred Tax Assets(Net) Non-current Assets Deferred Tax Assets(Net)
(v)Stores and Spares Current Assets Inventories
(vi)Loose Tools Current Assets Inventories
     

 

 

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

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

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)

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

2 Book 3 min 225x300 - Question 13 Chapter 1 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.