Question 20 Chapter 1 of +2-B
20. (Equity & Liabilities with Notes to Accounts) The following figures were extracted from the Trial Balance of X Ltd. :-
| Particular | Rs |
| Share Capital | 1,00,000 |
| Securities Premium Reserve | 10,000 |
| 12% Debentures | 50,000 |
| Fixed Deposits (Cr.) | 10,000 |
| Creditors | 5,000 |
The solution of Question 20 Chapter 1 of +2-B: –
Balance Sheet
| Particulars |
Note no. | Amount |
| II Equity & Liabilities | ||
| 1. Shareholders’ Fund | ||
| Share Capital | 1,00,000 | |
| Reserve & Surplus | 1 | 10,000 |
| 2. Non-Current Liabilities | 2 | 60,000 |
| 3. Current Liabilities | 3 | 5,000 |
| Total | 1,75,000 |
Notes to accounts
| Particulars |
Note no. | Amount |
| 1. Reserve & Surplus | ||
| Securities Premium Reserve | 10,000 | |
| 2. Non-Current Liabilities | ||
| 12% Debentures | 50,000 | |
| Fixed Deposits (Cr.) | 10,000 | |
| Current Liabilities | ||
| Creditors | 5,000 |
To understand more about Balance Sheet please check out following links:
Balance Sheet: Meaning, Format & Examples
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The solution to all questions of Chapter No. 11 – Financial Statements of a Company Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
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
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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