Question 21 Chapter 1 of +2-B – USHA Publication 12 Class

Posted by By Shubham Sharma 2 Min Read July 13, 2024
Question 21 Chapter 1 of +2-B
Q-21- CH-1 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 21 Chapter 1 of +2-B

21. (Balance Sheet with Notes to Accounts/totaling not required) Prepare the balance sheet of a company as per provision of Schedule III of Companies Act, 2013.

Particular Rs
Preliminary Expenses 1,00,000
12% Debentures 1,50,000
Inventories 25,000
Goodwill 20,000
Provision for tax 5,000

Totaling of the Balance Sheet is not required.

The solution of Question 21 Chapter 1 of +2-B: – 

Balance Sheet

Particulars
 Note no. Amount
II Equity & Liabilities    
1. Shareholders’ Fund    
Reserve & Surplus 1 (1,00,000)
2. Non-Current Liabilities    
Long term Borrowing 2 1,50,000
3. Current Liabilities    
Short term Provision 3 5,000
Total    
II Assets    
1. Non-current Assets    
Fixed Assets    
Intangible Assets    
2. Current Assets    
Inventories 4 20,000
Total   25,000

Notes to Accounts

Particulars
 Note no. Amount
1. Reserve & Surplus    
Surplus    
Less: Preliminary Expenses   (1,00,000)
2.Long term Borrowings    
12% Debentures   1,50,000
3. Short term Provisions    
Provision for Tax   5,000
4. Intangible Assets    
Goodwill   20,000

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

Balance Sheet: Meaning, Format & Examples

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Check Out the Solution of all questions of this chapter:

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

Question 02 Chapter 1 of +2-B – USHA Publication 12 Class

Question 03 Chapter 1 of +2-B – USHA Publication 12 Class

Question 04 Chapter 1 of +2-B – USHA Publication 12 Class

Question 05 Chapter 1 of +2-B – USHA Publication 12 Class

Question 06 Chapter 1 of +2-B – USHA Publication 12 Class

Question 07 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 08 Chapter 1 of +2-B – USHA Publication 12 Class

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

Question 10 Chapter 1 of +2-B – USHA Publication 12 Class

Question 11 Chapter 1 of +2-B – USHA Publication 12 Class

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

Question 13 Chapter 1 of +2-B – USHA Publication 12 Class

Question 14 Chapter 1 of +2-B – USHA Publication 12 Class

Question 15 Chapter 1 of +2-B – USHA Publication 12 Class

Question 16 Chapter 1 of +2-B – USHA Publication 12 Class

Question 17 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 18 Chapter 1 of +2-B – USHA Publication 12 Class

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

Question 20 Chapter 1 of +2-B – USHA Publication 12 Class

Question 21 Chapter 1 of +2-B – USHA Publication 12 Class

Question 22 Chapter 1 of +2-B – USHA Publication 12 Class

Question 23 Chapter 1 of +2-B – USHA Publication 12 Class

Question 24 Chapter 1 of +2-B – USHA Publication 12 Class

Question 25 Chapter 1 of +2-B – USHA Publication 12 Class

Question 26 Chapter 1 of +2-B – USHA Publication 12 Class

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Question 27 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

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Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

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.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

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

Accountancy – Part 1 Class 12 – Session 2024-25 – Solution for free

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

Advanced Accountancy II Part 1 Class 12 – Solution for free

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