Question

While preparing the Balance Sheet of a company Mastheads and Publishing Titles are shown under which head?

Options

• Non-Current Assets

• Current Assets

• Goodwill

• Non-Current Investments

Answer 1

Non-Current Assets

Explanation:

Mastheads and Publishing Titles are considered intangible assets with long-term value to the business (like brand names or copyrights). They are shown under the head:

Non-Current Assets → Intangible Assets