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 the Companies Act, 2013?
(i) Bank Overdraft (ii) Cheques in Hand
(iii) Loose Tools (iv) Long-term Provisions

Financial statements are prepared following the consistent accounting concepts, principles, procedures and also the legal environment in which the business organisations operate. These statements are the sources of information on the basis of which conclusions are drawn about the profitability and financial position of a company so that their users can easily understand and use them in their economic decisions in a meaningful way. From the above statement, identify any two values that a company should observe while preparing its financial statement. Also, state under which major headings and sub-headings the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013: (i) Capital Reserve, (ii) Calls-in-Advance, (iii) Loose Tools, and (iv) Bank Overdraft.

Under which major headings and sub-headings will the followings items 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-Advances.

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 the Companies Act, 2013? (i) Long-term Loans (ii) Loose Tools (iii) Trademarks (iv) Drafts in Hand (v) Bank Overdraft (vi) Stores and Spares (vii) Bonds (viii) Capital Reserve

Under which heads and sub-heads following items will appear in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013? (i) Tax Reserve (ii) Interest on Calls-in-Advance (iii) Stores and Spares

Under what heads and sub-heads the following items will appear in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013? (i) Premium on Redemption of Debentures, (ii) Loose Tools, (iii) Balances with Banks.

Under which heads and sub-heads following items will appear in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013? (i) Premium on Redemption of Debentures (ii) Loose Tools (iii) Balances with Banks

Under which heads and sub-heads following items will appear in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013? (i) Subsidy Reserve (ii) Mining Rights (iii) Provision for Doubtful Debts