SOLUTION S. No.ItemsHeadingSub-heading (If any)(i)Proposed DividendShown as Contingent Liability in the Notes to Accounts.--(ii)Unclaimed Dividend Current Liabilities‘Other Current Liabilities’
SOLUTION (i) Calls in Arrears: It is deducted from the subscribed but not fully paid capital, (ii) Calls in Advance: It is shown under the head ‘Current Liabilities’ under sub-head…
SOLUTION S. No.ItemsHeadingSub-Heading (If any)(i)Preliminary ExpensesNot shown in Balance Sheet as they arewritten off in the same year. (ii)Acceptance (B/P)Current LiabilitiesTrade payables
SOLUTION S. No.ItemsHeadingSub-heading (If any)(i)Sundry DebtorsCurrent AssetsTrade Receivables(ii)Sundry CreditorsCurrent LiabilitiesTrade Payables
SOLUTION S. No.ItemsHeadingSub-heading (if any)(i)GoodwillNon-Current AssetsFixed Assets-Intangible Assets(ii)Loose ToolsCurrent AssetsInventories
SOLUTION (i) Goodwill (ii) Brands / Trade Marks.
SOLUTION (i) Provision for Doubtful Debts; (ii) Provision for Employee Benefits.
SOLUTION (i) Bonds / Debentures; (ii) Term- Loans.