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Accountancy · 2026 · 3 marks
CBSE 2026 · Region 3 · Set 2 · Q31
Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a company as per Schedule-III, Part-I of the Companies Act, $\displaystyle 2013$ : (i) Outstanding Salary (ii) Capital work-in-progress (iii) Stores and Spare parts
Marking-scheme solution
S. No. Item Major Head Sub-Head
(i)
Outstanding Salary Current Liabilities (½) Other Current Liabilities
(ii)
Capital Work-in Progress Non-Current Assets Property, Plant &
(½) Equipment and Intangible
Assets (½)
(iii)
Stores and Spare Parts Current Assets (½) Inventories (½)
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.