[ISC] Q. 23 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)
Solution of Q 23 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24
Following balances have been extracted from the books of R.K. Jewellers Ltd. as at 31st March, 2023:
| Liabilities | ₹ | Assets | ₹ |
| Equity Share Capital (fully paid shares of ₹ 100 each) Underwriting Commission Investments Loans and Advances Provision for Tax Secured Loans | 2,40,000 12,000 1,14,000 6,000 90,000 90,000 | Reserves and Surplus Property, Plant and Equipment and Intangible Assets (At Cost) Current Assets Current Liabilities Provision for Depreciation Unsecured Loans | 1,98,000 5,46,000 2,93,400 1,97,400 1,26,000 30,000 |
Solution:-
