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Question 19 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question 19 Chapter 1 of +2-B
Question No. 19 - Chapter No.1 - T.S. Grewal +2 Book Part B-min

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Question 19 Chapter 1 of +2-B

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19. Under which heads the following are shown in a company’s Balance Sheet:

(i)Public Deposits;(ii)Office Furniture;
(iii)Prepaid Rent;(iv)Outstanding Salaries;
(v)Computer Software;(vi)Interest Accrued on Investment;

The solution of Question 19 Chapter 1 of +2-B: – 

Items

Heads
Sub. Heads
(i)Public DepositsNon-Current LiabilitiesLong-term Borrowing
(ii)Office FurnitureNon-Current AssetsFixed Assets-Tangible Assets
(iii)Prepaid RentCurrent AssetsOther Current Assets
(iv)Outstanding SalariesCurrent LiabilitiesOther Current Liabilities
(v)Computer SoftwareNon-Current AssetsFixed Assets-Tangible Assets
(vi)Interest Accrued on InvestmentCurrent AssetsOther Current Assets
   

 

 

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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: –

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

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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