[ISC] Q. 18 Final Accounts of Companies Application Solution of TS Grewal ISC (2026-27) Edition

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Solution of Q 18 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2026-27

Under which major heads and sub-heads will be following items shown in the Balance Sheet of the
company as per Schedule III, Part I of the Companies Act, 2013?

(i) Bank Overdraft
(ii) Capital Redemption Reserve
(v) Patents
(vii) Debenture Redemption Reserve
(ix) Provision for Employee Benefits
(ii) Contingency Reserve
(iv) Mining Rights
(vi) Debit balance in the Statement of Profit & Loss
(viii) Provision for Tax
(x) Calls-in-Advance

Solution:-

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