Question 9 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question 9 Chapter 1 of +2-B

Question 9 Chapter 1 of +2-B

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)

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

2 Book 3 min 225x300 - Question 9 Chapter 1 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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