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Accountancy · 2025 · 3 marks
CBSE 2025 · Region 7 · Set 3 · Q31
Under which major heads and sub-heads (if any) will the following items be shown in the Balance Sheet of a company as per Schedule III, Part I of the…
Under which major heads and sub-heads (if any) will the following items be shown in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, $\displaystyle 2013$ ? (i) Trademarks (ii) Calls-in-advance (iii) Livestock
Marking-scheme solution
Item Major Heads Sub heads
(i)
Trademarks Non-Current Assets Property, Plant and Equipment &
Intangible Assets- Intangible Assets
(ii)
Calls in advance Current Liabilities Other Current Liabilities
(iii)
Livestock Non-Current Assets Property, Plant and Equipment &
Intangible Assets- Property, Plant
and Equipment
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.