[ISC] Q. 3 Solution of Final Accounts of Companies – Application TS Grewal ISC 2023-24

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Solution of Q 3 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24

Prepare Balance Sheet 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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