Under what heads the following are recorded in a Company’s Balance Sheet? Computer Software Bills Receivable Interest Accrued and Due on Debentures Interest Accrued on Investments Calls in Advance

Heading Sub-heading I. Non Current Assets Property, Plant and Equipment and Intangible Assets - Intangible Assets II. Current Assets Trade Receivables III. Current Liabilities Other Current Liabilities IV. Current Assets Other Current Assets V. Current Liabilities Other Current Liabilities

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CISCEISC (Commerce) Class 12

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Under what heads the following are recorded in a Company's Balance Sheet? I. Computer Software II. Bills Receivable III. Interest Accrued and Due on Debentures IV Interest Accrued on Investments - Accounts

Question

Under what heads the following are recorded in a Company’s Balance Sheet?

Computer Software
Bills Receivable
Interest Accrued and Due on Debentures
Interest Accrued on Investments
Calls in Advance

Classify

Solution

	Heading	Sub-heading
I.	Non Current Assets	Property, Plant and Equipment and Intangible Assets - Intangible Assets
II.	Current Assets	Trade Receivables
III.	Current Liabilities	Other Current Liabilities
IV.	Current Assets	Other Current Assets
V.	Current Liabilities	Other Current Liabilities