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Under Which Heads the Following Are Shown in a Company'S Balance Sheet: - Accountancy

Ledger

Under which heads the following are shown in a company's Balance Sheet:

(i) Public Deposits

(ii)  Office Furniture

(iii) Prepaid Rent

(iv) Outstanding Salaries

(v) Computer Software

(vi) Interest Accrued on Investment?

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Solution

S. No.

Items

Main Head

Sub-Head

1

Public Deposits

Non-Current Liabilities

Long-term Borrowings

2

Office Furniture

Non-Current Assets

Fixed Assets (Tangible Assets)

3

Prepaid Rent

Current Assets

Other Current Assets

4

Outstanding Salaries

Current Liabilities

Other Current Liabilities

5

Computer Software 

Non-Current Assets

Fixed Assets (Intangible Assets)

6

Interest Accrued on Investment

Current Assets

Other Current Assets

Concept: Role and Objectives of Financial Management
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APPEARS IN

TS Grewal Class 12 Accountancy - Analysis of Financial Statements
Chapter 1 Financial Statements of a Company
Exercise | Q 19 | Page 68
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