
Question 22 Chapter 1 of +2-B
22. 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 |
|
Items |
Heads |
Sub. Heads |
|---|---|---|
| (i)Provision for Employee Benefits | Non-Current Liabilities | Long-term Provision |
| (ii)Calls-in-Advance | Current Liabilities | Other Current Liabilities |
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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