Advertisement

Question 14 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021

Question 14 - CH-1 Solution
Question 14 - CH-1 Solution

Advertisement

Question 14 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021

Advertisement

14. Under which sub-headings will the following items be shown in the Balance Sheet of a company as per Schedule III Part I of the Companies Act, 2013:

  1. Long-term Loans
  2. Capital Redemption Reserve
  3. Provision for Taxation
  4. Goodwill
  5. Provisions for Warranties
  6. Brand/Trademarks

The solution of Question 14 Chapter 1 – V.K. Publication Class 12 Part 2: –

S.No.ItemsSub Heads
(i)Long term LoansLong-Term Borrowings
(ii)Capital Redemption ReserveReserves and Surplus
(iii)Provision for TaxationShort-Term Provision
(iv)GoodwillFixed Assets (Intangible assets)
(v)Provisions for WarrantiesLong-Term Provision
(vi)Brand/TrademarksFixed Assets (Intangible 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)

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

Advertisement-X

Advertisement

error: Content is protected !!