Question 25 Chapter 1 of +2-B
25. (Identification of Major Heads in B/S) The following balances are supplied, on the basis of which you are required to show the major appropriate heads in which the items given below will appear in the balance sheet of Veekay Ltd. As on 31st March 2018.
| Particular | Rs |
| Plant and Machinery | 5,60,000 |
| Building | 10,00,000 |
| Equity shares capital (Authorised) | 20,00,000 |
| Equity shares of Rs 100 each Rs70 called and paid-up | 14,00,000 |
| 10% Debentures | 55,000 |
| Furniture & Fixtures | 20,000 |
| Long term bank loans (secured) | 1,25,000 |
The solution of Question 25 Chapter 1 of +2-B: –
| Balance Sheet |
||
| Particulars |
Note no. | Amount |
| II Equity & Liabilities | ||
| 1. Shareholders’ Fund | ||
| Share Capital | 14,00,000 | |
| 2. Non-Current Liabilities | ||
| 10% Debentures | 55,000 | |
| Long term bank loans | 1,25,000 | |
| Total | 15,80,000 | |
| II Assets | ||
| 1. Non-current Assets | ||
| Fixed Assets | ||
| Tangible Assets | ||
| Plant and Machinery | 5,60,000 | |
| Building | 10,00,000 | |
| Furniture & Fixtures | 20,000 | |
| Total | 15,80,000 | |
To understand more about Balance Sheet please check out 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 02 Chapter 1 of +2-B – USHA Publication 12 Class
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Question 12 Chapter 1 of +2-B – USHA Publication 12 Class
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Question 22 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
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.
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.
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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