[ISC] Q. 10 Final Accounts of Companies Application Solution of TS Grewal ISC (2026-27) Edition

Solution of Q 10 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2026-27

Q. 10. Under which heads and sub-heads are the following items appear in the Balance Sheet of a company
as per Schedule III of the Companies Act, 2013?

(i) Security Deposits,
(iii) Trade Creditors,
(ii) Employees’ Provident Fund Payable,
(iv) Provision for Tax
(v) Stores and Spares.

(ISC 2014)

Solution:-