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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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 :

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(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

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(iii) Capital Redemption Reserve

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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,

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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:

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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