Question

Which of the following is correct sequence to be shown under sub-heading ‘Reserve and Surplus’ to be shown in the balance sheet:

विकल्प

• 1. Securities Premium
  2. Capital Reserve
  3. Capital Redemption Reserve
  4. Debenture Redemption Reserve
• 1. Capital Reserve
  2. Capital Redemption Reserve
  3. Securities Premium
  4. Debenture Redemption Reserve
• 1. Capital Reserve
  2. Capital Redemption Reserve
  3. Debenture Redemption Reserve
  4. Securities Premium
• 1. Capital Reserve
  2. Securities Premium
  3. Debenture Redemption Reserve
  4. Capital Redemption Reserve

Answer 1

1. Capital Reserve
2. Capital Redemption Reserve
3. Securities Premium
4. Debenture Redemption Reserve

Explanation:

As per the Schedule III of the Companies Act, 2013, under the sub-heading “Reserves and Surplus”, the correct sequence of presentation is:

1. Capital Reserve
2. Capital Redemption Reserve
3. Securities Premium
4. Debenture Redemption Reserve
5. General Reserve, Surplus, etc.