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Question 6 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021

Question no- 6 Chapter no -4 Unimax Class- 12 Part -II
Question no- 6 Chapter no -4 Unimax Class- 12 Part -II

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Question 6 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021

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How would you disclose the following items in the Balance sheet of a Limited company:
(1) Stock; (2) Goodwill; (3) Bills payable; (4) Preliminary expenses; (5) Unclaimed dividends.

The solution of Question 6 Chapter 4 – Unimax Publication Class 12 Part 2-2021 : –

S. NoItemsMain HeadingSub Heading
1.StockCurrent AssetsInventories
2.GoodwillNon-Current Assets – Fixed AssetsIntangible Assets
3.Bills PayableCurrent LiabilitiesTrade payable
4.Preliminary expensesShares capitalReserve and Surplus : From securities premium deducted
5.Unclaimed DividendCurrent Liabilities 

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Financial Statements of a Company and Its formats

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Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

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