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Question 18 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021

Question 18 - CH-1 Solution
Question 18 - CH-1 Solution

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Question 18 Chapter 1 – V.K. Publication Class 12 Part 2 – 2021

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18. Give major headings under which the following items will be shown in a company’s Balanceper Schedule III, Part I of Companies Act, 2013:

  1. Loose tools
  2. Bills receivables
  3. Patents
  4. Discount on issue of shares (SweatEquity)
  5. General Reserve and
  6. Debenture

The solution of Question 18 Chapter 1 – V.K. Publication Class 12 Part 2: –

Particulars Heading
(i) Loose ToolsCurrent Assets
(ii) Bills ReceivableCurrent Assets
(iii) PatentsNon-Current Assets
(iv) General ReservesShareholders” Fund
(v) DebenturesNon-Current Liabilities

 

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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