Under which major heads and subheads will the following items be placed in the Balance Sheet of a company as per Schedule VI Part I of the Companies Act, 1956 :
(1) Bank overdraft.
(2) Cash and Cash Equivalents.
(3) Securities premium.
(4) The negative balance of the Statement of Profit and Loss.
(7) 5 years loan obtained from SBI.
|Items||Head||Sub Head (if any)|
|1||Bank Overdraft||Current Liabilities||Short-Term Borrowing|
|2||Cash and Cash Equivalents||Current Assets||Cash and Cash Equivalents|
|3||Securities Premium||Shareholder’s Funds||Reserve and Surplus|
|4||Negative Balance of
Statement of Profit and Loss
|Shareholder’s Funds||Shown by the way of deduction
from Reserve and Surplus
|5||Goodwill||Non-Current Assets||Intangible Fixed Assets|
|6||Trademark||Non-Current Assets||Intangible Fixed Assets|
|7||5 Years Loan from SBI||Non-Current Liabilities||Long-term Borrowings|
|8||Investment||Non-Current Liabilities||Non-Current Investment|