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Accountancy · 2024 · 3 marks
CBSE 2024 · Region 1 · Set 3 · 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…
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) Cheques in hand (b) Marketable Securities (c) Trademarks
Marking-scheme solution
Items Major Heads Sub heads
(a)
Cheques- in- Current Assets Cash and cash Equivalents
hand
(b)
Marketable Current Assets Current Investments
Securities
(c)
Trademarks Non-Current Assets Fixed Assets/ Property, Plant and
Equipment and Intangible
Assets - Intangible Assets
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.