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

Question 13 Chapter 1 of +2-B
Question No. 13 - Chapter No.1 - T.S. Grewal +2 Book Part B-min

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Question 13 Chapter 1 of +2-B

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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 AssetsNon-current AssetsFixed Assets-Intangible Assets
(ii)Intangible Assets Under
Development
Non-Current LiabilitiesFixed Assets-Intangible Assets under Development
(iii)InvestmentsNon-current AssetsNon-Current Investment
(iv)Deferred Tax Assets(Net)Non-current AssetsDeferred Tax Assets(Net)
(v)Stores and SparesCurrent AssetsInventories
(vi)Loose ToolsCurrent AssetsInventories
   

 

 

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

Balance Sheet: Meaning, Format & Examples

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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)

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)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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