State under which major headings and sub-headings the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:
(i) Capital Reserve;
(ii) Calls-in-Advance;
(iii) Loose Tools; and
(iv) Bank overdraft.

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Solution

S.No.

Item

Major Head

Sub-head

i)

Capital Reserve

Shareholders’ Funds

Reserves and Surplus

ii)

Calls-in-Advance

Current Liabilities

Other Current Liabilities

iii)

Loose Tools

Current Assets

Inventories

iv)

Bank Overdraft

Current Liabilities

Short-term Borrowings

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Similar questions

Under which heads and sub-heads following items will appear in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013 :

(i) Debentures. (ii) Loose tools.

(iii) Calls-in-Advance. (iv) Stores and spares.

(v) Proposed dividend. (vi) Computer software.

Under which major heading and sub-heading will the following items be presented in the Balance Sheet of a company as per the Schedule III of the Companies Act, 2013.

(i) Copyrights

(ii) Cheques

(iii) Capital Redemption Reserve

(iv) Stock of Finished Goods

Q. Under which major headings and sub-headings the following items will be shown in the Balance Sheet of a company as per schedule III of Companies Act, 2013?
(i) Provision for Employee Benefits.
(ii) Calls-in-Advance.

Under which major headings and sub-headings the following items will be shown in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013.

(i) Bill discounted but not matured,

(ii) Calls in advance,

(iii) Security deposits with telephone exchange.

(iv) Patents.

Q. Name the major heads under which the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:

(i) Loose Tool.	(ii) Unpaid Dividend.
(iii) Copyrights and Patents.	(iv) Land and Building.

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S.No.	Item	Major Head	Sub-head
i)	Capital Reserve	Shareholders’ Funds	Reserves and Surplus
ii)	Calls-in-Advance	Current Liabilities	Other Current Liabilities
iii)	Loose Tools	Current Assets	Inventories
iv)	Bank Overdraft	Current Liabilities	Short-term Borrowings

State under which major headings and sub-headings the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013: (i) Capital Reserve; (ii) Calls-in-Advance; (iii) Loose Tools; and (iv) Bank overdraft.

S.No. Item Major Head Sub-head i) Capital Reserve Shareholders’ Funds Reserves and Surplus ii) Calls-in-Advance Current Liabilities Other Current Liabilities iii) Loose Tools Current Assets Inventories iv) Bank Overdraft Current Liabilities Short-term Borrowings

State under which major headings and sub-headings the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:
(i) Capital Reserve;
(ii) Calls-in-Advance;
(iii) Loose Tools; and
(iv) Bank overdraft.

S.No.

Item

Major Head

Sub-head

i)

Capital Reserve

Shareholders’ Funds

Reserves and Surplus

ii)

Calls-in-Advance

Current Liabilities

Other Current Liabilities

iii)

Loose Tools

Current Assets

Inventories

iv)

Bank Overdraft

Current Liabilities

Short-term Borrowings