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?

Answer 1

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