Under which major head will the following be shown:

(i) Share Capital; and (ii) Money Received Against Share Warrants?

Open in App

Solution

Items Major Head

Share Capital Shareholder’s Funds

Money received against share warrants Shareholder’s Funds

Suggest Corrections

Similar questions

Q. If a company receives excess application money and the application money equal to shares issued transferred to Share Capital A/c and application money received on excess shares-some money is adjusted and against allotment and remaining was refunded, then which of the following entry is correct?

Q. Shares on which the final call is not received are shown in the Notes to Accounts on share capital under subscribed capital as ________________.

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?

Which of the following is not shown under the heading "Share Capital" in a balance sheet?

Q. Shares on which the company has called the entire nominal value and has also received it, is shown in the Notes to Accounts on share capital under subscribed capital as ________________.

Join BYJU'S Learning Program

Items	Major Head
Share Capital	Shareholder’s Funds
Money received against share warrants	Shareholder’s Funds

Under which major head will the following be shown: (i) Share Capital; and (ii) Money Received Against Share Warrants?

Items Major Head Share Capital Shareholder’s Funds Money received against share warrants Shareholder’s Funds

Under which major head will the following be shown:

(i) Share Capital; and (ii) Money Received Against Share Warrants?

Items Major Head

Share Capital Shareholder’s Funds

Money received against share warrants Shareholder’s Funds