Under which heads will the following items be shown in the Balance Sheet of a Companyi Bank Balance-iii Outstandingii Investments Long-term- Salary-iv Authorised Capital-v Bills Payable-vi Unclaimed Dividents-vii Shares Option Outstanding Account-viii General Reserve- andix Subsidy Reserve-

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Byju's Answer

Standard XII

Accountancy

Assets Side of Balance Sheet

Under which h...

Question

Under which heads will the following items be shown in the Balance Sheet of a Company

(i) Bank Balance; (ii) Investments (Long-term); (iii) Outstanding Salary;

(iv) Authorised Capital; (v) Bills Payable;

(vi) Unclaimed Dividents; (vii) Shares Option Outstanding Account;

(viii) General Reserve; and (ix) Subsidy Reserve?

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Solution

S. No.

Items

Main Head

Sub-Head

1

Bank Balance

Current Assets

Cash and Cash Equivalents

2

Investments (Long-term)

Non-Current Assets

Non-Current Investments

3

Outstanding Salary

Current Liabilities

Other Current Liabilities

4

Authorised Capital

Shareholder's Fund

Share Capital

5

Bills Payable

Current Liabilities

Trade Payables

6

Unclaimed Dividends

Current Liabilities

Other Current Liabilities

7

Share Option Outstanding Account

Shareholders’ Funds

Reserves and Surplus

8

General Reserve

Shareholders’ Funds

Reserves and Surplus

9

Subsidy Reserve

Shareholders’ Funds

Reserves and Surplus

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(i) Bank Balance;	(ii) Investments (Long-term);	(iii) Outstanding Salary;
(iv) Authorised Capital;	(v) Bills Payable;
(vi) Unclaimed Dividents;	(vii) Shares Option Outstanding Account;
(viii) General Reserve; and	(ix) Subsidy Reserve?

S. No.	Items	Main Head	Sub-Head
1	Bank Balance	Current Assets	Cash and Cash Equivalents
2	Investments (Long-term)	Non-Current Assets	Non-Current Investments
3	Outstanding Salary	Current Liabilities	Other Current Liabilities
4	Authorised Capital	Shareholder's Fund	Share Capital
5	Bills Payable	Current Liabilities	Trade Payables
6	Unclaimed Dividends	Current Liabilities	Other Current Liabilities
7	Share Option Outstanding Account	Shareholders’ Funds	Reserves and Surplus
8	General Reserve	Shareholders’ Funds	Reserves and Surplus
9	Subsidy Reserve	Shareholders’ Funds	Reserves and Surplus