[ISC] Q. 3 Solution of Final Accounts of Companies – Application TS Grewal ISC 2023-24
Solution of Q 3 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24
Prepare Balance Sheet of a company as per Schedule III of the Companies Act, 2013 from the following information:
₹ | |
10% Debentures of ₹ 100 each | 1,90,000; |
Stock in Trade (Inventories) | 40,000; |
Goodwill | 20,000; |
Provision for Tax | 6,000; |
Totalling of Balance Sheet is not required.
Solution:-