Advertisement
VDO+ Tag:Question 5 Chapter 11 of Class 12 Part – 2 – 2024
Arrangement of Balance sheet Items
Advertisement
Video Tag:5. (Positive Balance in Reserve and Surplus) Ceat Tyre Limited has supplied the following details on 31-3-2018. You are required to show items in Balance Sheet.
| Rs | |
| General Reserve | 7,50,000 |
| Securities Premium Reserve | 5,00,000 |
| Surplus in Statement of profit and loss (Opening) | 10,00,000 |
Company Sustained Loss Rs 6,25,000 during the year ended 31st March 2018.
The solution of Question 5 Chapter 11 of Class 12 Part – 2 – 2024: –
Balance Sheet of Ceat Tyre Limited
| Particulars |
Note no. | Amount |
| I. Equity and Liabilities | ||
| 1. Shareholders’ Funds | ||
| Share Capital | 1 | 16,25,000 |
| Total | 16,25,000 |
Notes to Accounts
| Particulars |
Note no. | Amount |
| 1. Reserve & Surplus | ||
| General Reserve | 7,50,000 | |
| Securities Premium Reserve | 5,00,000 | |
| Surplus | ||
| Opening Balance | ||
| Surplus (Loss) for the period | 3,75,000 | |
| 16,25,000 |
Thanks, Please Like and share with your friends
Comment if you have any questions.
End of Solution
Check Out the Solution of all questions of this chapter:
The solution to all questions of Chapter No. 11 – Financial Statements of a Company Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
Thanks for completing the chapter. If you understand the question or we have helped you with your homework, please share our website on your social media. We are delighted to help you out.
Thanks again.
Download a PDF of Chapter No. 11 – Financial Statements of a Company:
If you want to download a PDF of this chapter then you can do it. Check out our PDF file on our Store page.
End of Post
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