Question 16 Chapter 1 of +2-B
Arrangement of Balance sheet Items
16. (Identification of heads of Assets & Liabilities/GST) 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) Denture sinking fund, (ii) Capital Redemption Reserve, (iii) Work in Progress, (iv) Investment in Preference Shares, (v) Security deposits, (vi) Input IGST, (vii) Output IGST.
The solution of Question 16 Chapter 1 of +2-B: –
Items |
Heading |
(i) Denture sinking fund | Shareholders’ Fund – Reserve & Surplus |
(ii) Capital Redemption Reserve | Shareholders’ Fund – Reserve & Surplus |
(iii) Work in Progress | Current Assets |
(iv) Investment in Preference Shares | Non – Current Assets |
(v) Security deposits | Non – Current Liabilities |
(vi) Input IGST | Current Assets |
(vii) Output IGST | Current Liabilities |
To understand more about Balance Sheet please check out following links:
Balance Sheet: Meaning, Format & Examples
Thanks, Please Like and share with your friends
Comment if you have any question.
End of Solution
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.
Question 01 Chapter 1 of +2-B – USHA Publication 12 Class
Advertisement-X
Question 11 Chapter 1 of +2-B – USHA Publication 12 Class
Advertisement-X
Advertisement-Y
Question 21 Chapter 1 of +2-B – USHA Publication 12 Class
Advertisement-X
Thanks for completing the chapter. If you understand the question or we have helped you with your homework, please share our website on your social media. We are delighted to help you out.
Thanks again.
End of Post
Download a PDF of Chapter No. 11 – Financial Statements of a Company:
If you want to download a PDF of this chapter then you can do it. Check out our PDF file on our Store page.
Advertisement-X
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)
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
Advertisement-X
Advertisement-Y
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication
Leave a Reply