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

Question 13 Chapter 1 of +2-B
Q-13- CH-1 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 13 Chapter 1 of +2-B

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Arrangement of Balance sheet Items

13. (Identification of heads of Assets & Liabilities) 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) Interest accrued on investment, (ii) Premium on redemption of debentures, (iii) Arrears of fixed cumulative preference dividend, (iv) Shares of NTPC, (v) Fixed deposits from Public, (vi) Capital Redemption Reserve, (vii) Debenture Redemption Reserve.

 

The solution of Question 13 Chapter 1 of +2-B: – 

 

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Items

Heading
(i)Interest accrued on investmentCurrent Assets
(ii)Premium on redemption of debenturesNon – Current Liabilities
(iii)Arrears of fixed cumulative preference dividendContingent Liabilities- Footnote
(iv) Shares of NTPCNon – Current Assets
(v) Fixed deposits from PublicNon – Current Liabilities
(vi) Capital Redemption ReserveShareholders’ Fund – Reserve & Surplus
(vii) Debenture Redemption ReserveShareholders’ Fund – Reserve & Surplus



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

Balance Sheet: Meaning, Format & Examples

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Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 11 – Financial Statements of a Company Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

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Question 06 Chapter 1 of +2-B – USHA Publication 12 Class

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

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Question 18 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 24 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)

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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

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.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

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

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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