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VDO+ Tag:Question 12 Chapter 11 of Class 12 Part – 2 – 2024
12. (Identification of heads of Assets & Liabilities/GST) Give the heading under which the following items will be shown in a company’s balance sheet as per schedule III of Companies Act, 2013.
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Video Tag:| i.10% Debentures | ii.Bills discounted from bank |
| iii.Trade Payable | iv.Calls in arrears |
| v.Debenture Redemption Reserve | vi.General Reserve |
| vii.Work in Progress | viii.Investment |
| ix.Output CGST | x.Output SGST |
The solution of Question 12 Chapter 11 of Class 12 Part – 2 – 2024: –
| Items | Heading |
| (i) 10% Debentures | Non – Current Liabilities |
| (ii)Bills discounted from bank | Contingent Liabilities |
| (iii) Trade Payable | Current Liabilities |
| (iv) Calls in arrears | Share Capital (Deducted from Called up Capital) |
| (v) Debenture Redemption Reserve | Reserve & Surplus |
| (vi) General Reserve | Reserve & Surplus |
| (vii) Work in Progress | Current Assets |
| (viii) Investment | Non – Current Assets |
| (ix) Output CGST | Current Liabilities – Other current Liabilities |
| (x) Output SGST | Current Liabilities – Other current Liabilities |
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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum
Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Chapter No. 11 – Financial Statements of a Company
Chapter No. 12 – Financial Statement Analysis
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 14 – Ratio Analysis
Chapter No. 15 – Cash Flow Statement
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication