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easyMCQCUET Accountancy 2023 28 May Shift 12026Accountancy
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Under which Sub-head do we show the Securities Premium in the Balance Sheet of a company?

  1. A
    Reserve and Surplus
  2. B
    Share Capital
  3. C
    Equity Share Capital
  4. D
    Shares and Liabilities

Solution & Step-by-step Explanation

According to Schedule III, Part I of the Companies Act, 2013, the Balance Sheet disclosure requirements state that "Securities Premium" must be maintained under the sub-head Reserves and Surplus, which comes under the main head Shareholders' Funds on the Equity and Liabilities side.

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Under which Sub-head do we show the Securities Premium in the Balance Sheet of a company?
A
Reserve and Surplus
B
Share Capital
C
Equity Share Capital
D
Shares and Liabilities

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Company AccountsShare CapitalBalance Sheet

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