Question 2 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
State briefly the items that are included in the following major heads under which liabilities of a limited company are shown:
(1) Reserve and Surplus (2) Secured Loans (3) Unsecured Loans (4) Current Liabilities and Provisions (5) Contingent liabilities.
The solution of Question 2 Chapter 4 – Unimax Publication Class 12 Part 2-2021 : –
Reserve and Surplus | Secured Loans | Unsecured Loans |
Current Labilities and Provisions | Contingent liabilities |
(1) Capital reserve | *Bonds debentures | Bonds / debenture | Provisions | Claims against the company not acknowledged as best Guarantees |
*Term Loans | *Form banks | *Short term provision employee benefit | ||
*From other parties | ||||
(2) Capital Redemption Reserve | * From other parties | *Provision for doubtful debts | ||
(3) Securities Premium Reserve | *Provision for Taxation | |||
(4)Debenture Redemption Reserve | * Proposed Dividend | |||
(5) Revaluation Reserve |
Thanks, Please Like and share with your friends
Comment if you have any Doubts.
Financial Statements of a Company and Its formats
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication
Advertisement-X
Leave a Reply