DK Goel Solutions Q 15 Chapter 1 Financial Statements of Companies Class 12 CBSE [2023-24]
Step-by-step solution of Question 15, Chapter 1 Financial Statements of Companies, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 15
Classify the following items under Major Head and Sub-Head (if any) in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013 :
- (i) Capital Work in Progress;
- (ii) Provision for Warranties;
- (iii) Income received in advance;
- (iv) Capital Advances;
- (v) Capital Reserve;
- (vi) Bank Overdraft.
Solution
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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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