DK Goel Solutions Q 11 Chapter 1 Financial Statements of Companies Class 12 CBSE [2023-24]
Step-by-step solution of Question 11, Chapter 1 Financial Statements of Companies, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 11
(A) How would you disclose the following items in the Balance Sheet of a Limited Company?
- (i) Outstanding Salary
- (ii) Bank Balance
- (iii) Unpaid Matured Deposits
- (iv) Preliminary Expenses
- (v) Bills Payable
(B) Under what heads the following items are shown in the Balance Sheet of a Company?
- (i) Patents and Trade Marks
- (ii) Income Received in Advance
- (iii) Debentures issued by the Company
- (iv) Stores and Spare-parts
- (v) Motor Vehicles
- (vi) Forfeited Shares Account
- (vii) Government Securities
- (viii) Uncalled Liability on partly paid shares.
Solution
All questions of Chapter 1
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About this solution
This is Chapter 1 Financial Statements of Companies of DK Goel For 2024 Examinations.
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 CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.
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