Question

Under which Major Heads and Sub-Heads (if any) will the following items be presented in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013:

1. Design
2. Unpaid dividend
3. Capital work-in-progress

Answer 1

Name of Item	Major heading	Sub heading
(i) Design	Non current Assets	Property, Plant and Equipment and Intangible assets (Intangible assets)
(ii) Unpaid dividend	Current Liabilities	Other Current liabilities
(iii) Capital work-in-progress	Non Current Assets	Property, Plant and Equipment and Intangible assets (Capital work-in-progress)