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Under which major heads and sub-heads will the following items be placed in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013: - Accountancy

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प्रश्न

Under which major heads and sub-heads will the following items be placed in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013:

  1. Patents
  2. Capital Reserve
  3. Prepaid rent
लघु उत्तरीय

उत्तर

Name of Items Major Heading Sub Heading
(i) Patents Non Current Assets Property, Plant and Equipment and Intangible assets (Intangible assets)
(ii) Capital Reserve Shareholders' Funds Reserve and Surplus
(iii) Prepaid rent Current assets Other Current assets
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2023-2024 (February) Delhi Set - 3
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