Name the major headings under which the equity & liabilities side of a Company's Balance Sheet is organised and presented.

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Solution

The major headings on the Equity & Liabilities side are :

I. Shareholder's Funds

II. Share Application money pending allotment

III. Non-Current Liabilities

IV. Current Liabilities

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Similar questions

Under what heads the following items on the Equity and Liabilities side of the Balance Sheet of a Company will be presented :

(i) Proposed Dividend

(ii) Unpaid/Unclaimed Dividend

(iii) Debentures

(iv) Matured Debentures

(v) Calls in Arrears

(vi) Sinking Fund

(vii) Provision for Provident Fund

(viii) Bills Payable

(ix) Public Deposits

Securities premium account is shown on the liabilities side of the balance sheet under which head?

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