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[ISC] Q. 15 Solution of Final Accounts of Companies – Application TS Grewal ISC 2023-24 Edition

Question 15 of 26Chapter 10Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 15, Chapter 10 Final Accounts of Companies – Application of Schedule III, Part I of the Companies Act, 2013, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 15

How are following items shown while preparing Balance Sheet of a company?

  1. (i) Surplus, i.e., Balance in Statement of Profit & Loss (Dr.),
  2. (ii) Interest accrued and due on Debentures,
  3. (iii) Computer Software under development,
  4. (iv) Interest accrued on Investment.
TS Grewal Class 12 Final Accounts of Companies Question 15

Solution

Solution of Q 15 Final Accounts of Companies TS Grewal 2023-24
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About this solution

This is Chapter 10 Final Accounts of Companies-Application of ISC TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.

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