[ISC] Q. 20 Final Accounts of Companies Application Solution of TS Grewal ISC (2026-27) Edition

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Solution of Q 20 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2026-27

Prepare Balance Sheet as at 31st March, 2026 of a company as per Schedule III of the Companies Act, 2013 from the following information:

10% Debentures of 100 each1,90,000;
Stock-in-Trade (Inventories)40,000;
Goodwill20,000;
Provision for Tax6,000.

Totalling of Balance Sheet is not required.

Solution:-

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