Question 9 Chapter 1 of +2-B
Table of Contents
9.Under which head and how are the following items shown in the
balance sheet of a company under schedule III:
(i) Calls-in-arrears; (ii) Share Application Money Pending Allotment; (iii) Unpaid dividend; and (iv) Dividend not paid on cumulative preferences shares?
The solution of Question 9 Chapter 1 of +2-B: –
Items |
Heads |
Sub. Heads |
(i)Calls-in-Arrears | Equity and Liabilities | Shareholders’ Funds |
(ii)Share Application Money Pending Allotment |
Equity and Liabilities | Non-Current Liabilities |
(iii)Unpaid Dividend | Equity and Liabilities | Current Liabilities |
(iv)Dividend not paid on cumulative Preference Shares |
Not treated in the Balance sheet | Not treated in the Balance sheet |
To understand more about Balance Sheet please check out following links:
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)
- Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
- Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
- Chapter No. 3 – Goodwill: Nature and Valuation
- Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
- Chapter No. 5 – Admission of a Partner
- Chapter No. 6 – Retirement/Death of a Partner
- Chapter No. 7 – Dissolution of a Partnership Firm
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
- Chapter No. 4 – Accounting Ratios
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
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