[ISC] Q. 12 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)

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

Under which heads are the following items shown in the Balance Sheet of a company?

(I) Bank Balance,

(ii) Investments (Long-term),

(iii) Outstanding Salary,

(iv) Authorised Capital,

(v) Bills Payable,

(vi) Unclaimed Dividends,

(vii) Shares Option Outstanding Account,

(viii) General Reserve,

(ix) Subsidy Reserve,

(x) Provision for Doubtful Debts.

Solution:-