Question 7 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Under which will you show the following items in the balance sheet of a limited company?
(1) Preposed Dividend
(2) Work in Progress
(3) Acceptance (Bills Payable)
(4) Capital Reserve
(5) Loan from Bank
(6) Investment in immovable properties.
(7) Interest accured and due on debentures.
(8) Bills of Exchange
(9) Fixed Deposits
(10) Underwriting commission
The solution of Question 7 Chapter 4 – Unimax Publication Class 12 Part 2 -2021: –
| S. No | Items | Main Heading | Sub Heading |
| 1. | Proposed Dividend | Current Liabilities | Short term Provisions |
| 2. | Work in Progress | Current Assets | Inventories |
| 3. | Bills Payable | Current Liabilities | Trade payable |
| 4. | Capital Reserve | Shareholder funds | Reserve and Surplus |
| 5. | Loan from bank | Non-Current Liabilities | Long term Borrowing |
| 6. | Investment in Moveable property | Non-Current Assets | Non-Current Investment |
| 7. | Interest Accured | Current Assets | Other Current Assets |
| 8. | Bills of Exchange | Current Assets | Trade receivable |
| 9. | Fixed deposit | Non-Current Liabilities | Long term Borrowings |
| 10. | Underwriting commission | Non-Current Assets | Other Non-Current Assets |
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Financial Statements of a Company and Its formats
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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