Question 14 Chapter 1 of +2-B – USHA Publication 12 Class

Question 14 Chapter 1 of +2-B

Question 14 Chapter 1 of +2-B

Arrangement of Balance sheet Items

14. (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) Goodwill, (ii) Patents, (iii) Provident Fund, (iv) Copyrights, (v) Unclaimed Dividend, (vi) Stores and Spare Parts.

 

The solution of Question 14 Chapter 1 of +2-B: – 

 

Items

Heading
(i)Goodwill Non – Current Assets
(ii)Patents Non – Current Assets
(iii)Provident Fund Current Liabilities
(iv) Copyrights Non – Current Assets
(v) Unclaimed Dividend Current Liabilities
(vi) Stores and Spare Parts Current Assets



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: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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2 Book 3 min 225x300 - Question 14 Chapter 1 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

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