Class 12 Accountancy Financial Statements of a Company

Important Questions of Class 12 Accountancy Financial Statements of a Company

Question 1:
Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013:
(a) Bank Balance
(b) Public Deposits
(c) Bank Overdraft
(d) Calls in Advance
(e) Creditors
(f) Securities Premium

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