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Calls in advance appear in a Company's B...

Calls in advance appear in a Company's Balance Sheet under ...........

A

Share Capital

B

Current Liability

C

Long-term Borrowings

D

Reserve & Surplus

Text Solution

Verified by Experts

The correct Answer is:
B
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DK GOEL-FINANCIAL STATEMENTS OF COMPANIES-MCQ
  1. In a Company's Balance Sheet .......... Appear under the head 'non-cur...

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  2. Calls in Arrears appear in a Company's Balance Sheet under .........

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  3. Calls in advance appear in a Company's Balance Sheet under ...........

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  4. Short-term Borrowings appear in a Company's Balance Sheet under the he...

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  5. Fixed Deposits appear in a Company's Balance Sheet under :

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  6. Goodwill appears in a Company's Balance Sheet under the Sub-head ........

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  7. Share Forfeiture Account appears in a Company's Balance Sheet under th...

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  8. Expenses allowed on issue of Shares appears in a Company's Balance She...

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  9. Securities Premium Reserve appears in a Company's Balance Sheet under ...

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  10. Prepaid Expenses appear in a Company's Balance Sheet under the Sub-hea...

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  11. ........... Appear in a Company's Balance Sheet under the Sub-head Sho...

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  12. Provision for Tax appears in a Company's Balance Sheet under the Sub-h...

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  13. Bills Receivables appear in a Company's Balance Sheet under the Sub-he...

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  14. Trade Investments appear in a Company's Balance Sheet under the Sub-he...

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  15. Claims against the Company not acknowledged as debts' is shown under t...

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  16. Unclaimed dividend appears in a Company's balance Sheet under the Sub-...

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  17. Interest accrued and due on debentures appear in a Company's Balance S...

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  18. Interest accrued but not due on loans appear in a Company's Balance Sh...

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  19. 6% Debentures appear in a Company's Balance Sheet under the Sub-head ....

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  20. Interest accrued on Investments appear in a Company's Balance Sheet un...

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