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प्रश्न
Identify the item which is not a part of Shareholders’ Funds:
पर्याय
Share Application Money Pending Allotment
Share Capital
Reserves and Surplus
Money Received against Share Warrants.
MCQ
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उत्तर
Share Application Money Pending Allotment
Explanation:
Under Schedule III of the Companies Act, Share Application Money Pending Allotment is presented as a separate major heading on the Balance Sheet. It does not sit inside shareholders’ funds because the shares have not been officially issued yet. In contrast, Share Capital, Reserves & Surplus, and Money Received Against Share Warrants are all direct sub-heads inside Shareholders’ Funds.
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