Choose the correct statement :-
- ASubscribed Share Capital is shown in Balance Sheet, and included in the total with Authorised share capital of the company.
- BSubscribed Share Capital is shown in Notes to Accounts, and included in the total of Balance Sheet.
- CSubscribed Share Capital is shown in Balance Sheet, but not included in the total of Balance Sheet.
- DSubscribed Share Capital is shown in Notes to Accounts, but not included in the total of Balance Sheet.
Solution & Step-by-step Explanation
In accordance with Schedule III of the Companies Act, 2013, the detailed breakup of Authorised, Issued, and Subscribed Share Capital is listed in the Notes to Accounts. The final relevant figure of Subscribed Capital (Subscribed and fully paid up / Subscribed but not fully paid up) is the one that gets added/included in the main total of the Balance Sheet under the head "Shareholders' Funds".