Question

Choose the appropriate alternative from the given options:
As per Schedule III, Part I of the Companies Act, 2013 'calls-in-arrears' will be presented under which of the following head/sub-head, in the Balance Sheet of a company?

पर्याय

• Reserves and Surplus

• Current Liabilities

• Contingent Liabilities

• Shareholders Funds

Answer 1

As per Schedule III, Part I of the Companies Act, 2013 'calls-in-arrears' will be presented under the head of 'Shareholders Funds', in the Balance Sheet of a company.

Hence, the correct answer is Shareholders Funds.