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Question 4 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question 4 Chapter 1 of +2-B
Question No. 4 - Chapter No.1 - T.S. Grewal +2 Book Part B-min

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Question 4 Chapter 1 of +2-B

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4. Under which sub-head will the following be classified or shown:

Long-term borrowing; (ii) Deferred Tax liabilities(net); and (iii) Long-term provision.

The solution of Question 4 Chapter 1 of +2-B: – 

  

Particular

Heads

Sub. Heads
1. Long-term borrowingEquity and LiabilitiesNon-Current liabilities
2. Deferred Tax liabilitiesEquity and LiabilitiesNon-Current liabilities
   
3. Long-term provisionEquity and LiabilitiesNon-Current liabilities
   

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

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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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