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Question
Under which major headings and sub-headings the following items will be shown in the Balance Sheet of a company as per schedule III of Companies Act, 2013?
(i) Provision for Employee Benefits.
(ii) Calls-in-Advance.
Solution
|
S.No. |
Item |
Major Head |
Sub-head |
|
i) |
Provision for Employee Benefit |
Non-current Liabilities |
Long term Provisions |
|
ii) |
Calls-in-Advance |
Current Liabilities |
Other Current Liabilities |
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