[ISC] Q. 14 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)

Solution of Q 14 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24

Under what heads the following items are shown in a company’s Balance Sheet?

(I) Deposits

(ii) Office Furniture,

(iii) Prepaid Rent,

(iv) Outstanding Salaries,

(v) Computer Software,

(vi) Interest Accrued on Investment,

(vii) Bills discounted but not matured,

(viii) Premium Payable on Redemption of Debentures.

Solution:-