14th Oct 12th CBsE accountanct

As per Schedule III, Part I of the Companies Act, 2013, 'Calls-in-Arrears' will be presented under which of the following head/sub-head in the Balance Sheet of a Company?

• Reserves and Surplus.

• Current Liabilities.

• Contingent Liabilities.

• Shareholders' Funds.

Security Deposits' are presented in the Balance Sheet of the company under the sub-head

• Other Non-current Assets.

• Long-term Loans and Advances.

• Fixed Assets.

• Other Current Liabilities.

'Public Deposits' appear in the company's Balance Sheet under the head/sub-head

• Intangible Assets.

• Current Liabilities.

• Shareholders' Funds.

• Non-current Liabilities.

'Loose Tools' appear in the company's Balance Sheet under the head/sub-head

• Inventory.

• Non-current Assets.

• Other Current Assets.

• Stores and Spare Parts.

Employee Benefit Expenses includ_______(Bonus/Depreciation/Income Tax)

Which of the following is not a sub-head under the Current Assets?

• Cash and Cash Equivalents(0)

• Trademarks

• Short-term Loans and Advances

• Inventories