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Question 15 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021

Question 15 - CH-1 Solution
Question 15 - CH-1 Solution

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Question 15 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021

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

  1. Stores and Spares
  2. Trademarks
  3. Short-term Borrowings
  4. Provision for Employees Benefits
  5. Long-term Investments
  6. Accrued Incomes

The solution of Question 15 Chapter 1 – V.K. Publication Class 12 Part 2: –

S.No.ItemsSub Heads
(i)Store and SparesInventories
(ii)TrademarkFixed Assets –Intangible Assets
(iii)Short-term BorrowingsCurrent liabilities /Short-Term Borrowings
(iv)Provision for Employees BenefitsLong term Borrowings
(v)Long-Term InvestmentNon-Current Investment
(vi)Accured IncomesOther Current 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)

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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

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