Question 19 Chapter 1 of +2-B – USHA Publication 12 Class

Question 19 Chapter 1 of +2-B
Q-19- CH-1 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 19 Chapter 1 of +2-B

19. (Reserve & surplus in Balance Sheet) How would you show the following items in the Balance sheet as at 31st March 2018 as per the requirement of Schedule III of Companies Act, 2013.

General Reserve (Since March 31, 2017) Rs 8,00,000, Surplus i.e. balance in Statement of Profit & Loss (Debit Balance) for 2017-2018 Rs 12,00,000?

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

Balance Sheet 

Particulars
Note no. Amount
II Equity & Liabilities    
1. Shareholders’ Fund    
Reserve & Surplus 1 (4,00,000)
Total   (4,00,000)

Notes to accounts

Particulars
Note no. Amount
1. Reserve & Surplus    
General Reserve

  8,00,000
Less: Surplus i.e. balance in statement of profit & loss   (12,00,000)
    (4,00,000)

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Question 09 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 19 Chapter 1 of +2-B – USHA Publication 12 Class

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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

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Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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