English

How will you classify the following in a Company's Balance Sheet? Reserve and Surplus Money received against share warrants - Accounts

Advertisements
Advertisements

Question

How will you classify the following in a Company’s Balance Sheet?

  1. Reserve and Surplus
  2. Money received against share warrants
Classify
Advertisements

Solution

Reserve and Surplus, and Money received against share warrants, will be classified under ‘Shareholders’ Funds.

shaalaa.com
  Is there an error in this question or solution?
Chapter 9: Financial Statements of Companies - PRACTICAL QUESTIONS [Page 9.58]

APPEARS IN

D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 9 Financial Statements of Companies
PRACTICAL QUESTIONS | Q 9. | Page 9.58
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×