[ISC] Q. 2 Solution of Final Accounts of Companies – Application TS Grewal ISC 2023-24 Edition

Solution of Q 2 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24

Name the items that are shown under Long-term Borrowings.

Solution:-

Following are the items that are shown under Long-term Borrowings:

(i) Bonds

(ii) Debentures

(iii) Long-term Loan from Bank

(iv) Long-term Loans from Others

(v) Public Deposits

(vi) Other Loans and Advances