Question 5 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021

Question no- 5 Chapter no -4 Unimax Class- 12 Part -II
Question no- 5 Chapter no -4 Unimax Class- 12 Part -II

 

Question 5 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021

Rearrange the following items under three heads:
(1) Fixed assets (2) Current assets (3) Tangible assets

A. Stock in trade K. Leasehold
B. Cash in hand L. Plant
C. Vehicles M. Interest accrued
D. Advance to subsidiary N. Trade marks
E. Live stocks O. Bills receivable
F. Loose tools P. Debtors
G. Goodwill Q. Land
H. Stores and spare parts R. Prepaid expenses
I. Furniture S. Cash with bank
J. Work-in-progress T. Deposit with custom
  U. Excise authorities

The solution of Question 5 Chapter 4 – Unimax Publication Class 12 Part 2-2021 : –

Fixed Assets Current Assets Loans And Advances
Tangible Inventories Advances to Subsidiaries ,Deposit With Custom And Excise Authorities
Vehicles Stock in Trade  
Livestock Stores And Spare Parts  
Furniture Work in Spare Parts  
Plant And Machinery Loose Tools  
Land And Building Trade Receivables  
Intangible Debtors  
Goodwill Bill Receivable  
Leaseholds Cash and Cash Equivalent  
Trade Marks Cash in Hand  
  Cash at Bank  
  Other Current Assets  
  Interest Accrued on Investment  

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