[ISC] Q. 18 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)

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Solution of Q 18 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24

How will be the following balances shown in the Balance Sheet of a company as at 31st March, 2023? Securities Premium ₹ 5,00,000; Debentures Redemption Reserve (Opening) ₹ 5,00,000; Revalution Reserve ₹ 10,00,000; Surplus, i.e., Balance in Statement of Profit & Loss (Opening) ₹ 10,00,000; Loss for the year ₹ 2,00,000; Transfer to Debentures Redemption Reserve ₹ 5,00,000.

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Anurag Pathak
Anurag Pathak

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