Question 9 Chapter 4 - Unimax Publication Class 12 Part 2

Question 9 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021

Table of Contents

The solution of Question 9 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021: –

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

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

Under which heading will you show the following items?
(a) Debenture Suspense Account
(b) Provision for Provident fund
(c) Development Expenditure
(d) Profit & Loss Account (Dr.)
(e) Uncalled liabilities on partly paid shares held as investments.

The solution of Question 9 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021: –

S. No	Items	Main Heading	Sub Heading
1.	Debenture Suspense A/c	Non-Current Assets	Other Non-Current Assets
2.	Provision for Provision Fund	Current Liabilities	Short Term Provision
3.	Development	Non-Current Assets	Other Non-Current Assets
4.	Profit & Loss A/c	Shareholder Fund	Reserve and Surplus
5.	Uncalled Liability on partly paid shares	Contingent Liabilities	Shown in ‘Note of Account’