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Accountancy · 2024 · 3 marks
CBSE 2024 · Region 1 · Set 2 · Q31
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, $\displaystyle 2013$ : (a) Patents (b) Unpaid dividend (c) Prepaid Expenses
Marking-scheme solution
Items Major Heads Sub heads
(a)
Patents Non –Current Assets Fixed Assets / Property, Plant and
Equipment and Intangible Assets -
Intangible Assets
(b)
Unpaid Current Liabilities Other Current Liabilities
Dividend
(c)
Prepaid Current Assets Other Current Assets
Expenses
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.