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Question 20 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question 20 Chapter 1 of +2-B
Question No. 20 - Chapter No.1 - T.S. Grewal +2 Book Part B-min

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Question 20 Chapter 1 of +2-B

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20. Name the major heads under which the following items will we presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013

(i)Loose Tools;(ii)Unpaid Dividend;
(iii)Copyrights and Patents;(iv)Land and Building;

The solution of Question 20 Chapter 1 of +2-B: – 

Items

Heads
Sub. Heads
(i)Loose ToolsCurrent AssetsInventories
(ii)Unpaid DividendCurrent LiabilitiesOther Current Liabilities
(iii)Copyrights and PatentsNon-Current AssetsFixed Assets-Intangible Assets
(iv)Land and BuildingNon-Current AssetsFixed Assets-Tangible Assets
   

 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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