Under which head and how are the following items shown in the Balance Sheet of a company under Schedule III:

(i) Calls-in-Arrears; (ii) Share Application Money Pending Allotment; (iii) Unpaid Dividend; and (iv) Dividend not paid on Cumulative Preference Shares?

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Solution

Items Head Disclosure

Calls-in-Arrears Shareholder’s Funds It is shown as a deduction from
Subscribed Capital shown as
‘Subscribed but not fully paid’
under Shareholder’s Funds

Share Application Money
Pending Allotment Share Application Money
Pending Allotment It is shown as a separate line item

Unpaid Dividend Current Liabilities It is shown as ‘Other Current
Liability’ under Current Liabilities

Dividend not paid on Cumulative
Preference Shares Contingent Liabilities and
Commitments It is shown as Contingent
Liabilities and Commitments in
Notes to Accounts

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Similar questions

Q. Under which heads the following items are shown in the Balance Sheet of a company:

(i) Calls-in-Arrears;	(ii) Commission Received in Advance;
(iii) Debentures;	(iv) Stores and Spare Parts;
(v) Land and Building;	(vi) Forfeited Shares Account?

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.

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

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 headings and sub-headings will the following items be shown in the Balance Sheet of a company as per Schedule III Part I of the Companies Act, 2013 :

(i) Net loss as shown by Statement of Profit and Loss

(ii) Capital redemption reserve.

(iii) Bonds

(iv) Loans repayable on demand

(v) Unpaid dividend

(vi) Buildings

(vii) Trademarks

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Items	Head	Disclosure
Calls-in-Arrears	Shareholder’s Funds	It is shown as a deduction from Subscribed Capital shown as ‘Subscribed but not fully paid’ under Shareholder’s Funds
Share Application Money Pending Allotment	Share Application Money Pending Allotment	It is shown as a separate line item
Unpaid Dividend	Current Liabilities	It is shown as ‘Other Current Liability’ under Current Liabilities
Dividend not paid on Cumulative Preference Shares	Contingent Liabilities and Commitments	It is shown as Contingent Liabilities and Commitments in Notes to Accounts

Under which head and how are the following items shown in the Balance Sheet of a company under Schedule III: (i) Calls-in-Arrears; (ii) Share Application Money Pending Allotment; (iii) Unpaid Dividend; and (iv) Dividend not paid on Cumulative Preference Shares?

Under which head and how are the following items shown in the Balance Sheet of a company under Schedule III:

(i) Calls-in-Arrears; (ii) Share Application Money Pending Allotment; (iii) Unpaid Dividend; and (iv) Dividend not paid on Cumulative Preference Shares?