Question no 14 Chapter 1 V K Publication class 12
14. From the following balances, prepare a Balance Sheet of a not-for-profit organisation as at 31st March, 2018:
| Particulars | ₹ | Particulars | ₹ |
| Cash and Bank balance | 30,000 | Subscription received in advance | 9,000 |
| Furniture | 60,000 | Outstanding Subscriptions | 24,000 |
| Investments | 90,000 | Outstanding Expenses | 27,000 |
| Equipment’s | 1,20,000 |
The Solution of Question No 14 Chapter No 01 – V K Publications Class 12
| Balance Sheet (as at 31st March 2018) | |||||
| Liabilities | Amount | Assets | Amount | ||
| Capital Fund (Balancing figure) | 2,70,000 | Furniture | 60,000 | ||
| Add: Surplus | 18,000 | 2,88,000 | Investments | 90,000 | |
| Subscription Received in Advance | 9000 | Equipment | 1,20,000 | ||
| Outstanding Expenses | 27,000 | Cash and Bank balance | 30,000 | ||
| Outstanding Subscription | 24,000 | ||||
| 3,24,000 | 3,24,000 | ||||
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Also, Check out the solved question of all Chapters: –
Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from the Part II and Part III
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Part-II
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
Part-III
- Chapter No. 18 – Introduction to Computers and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software: Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship
Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)
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