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Name any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet.

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Any one of the following:

(i) Non-Current Assets.
(ii) Current Assets.



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Previous PostName any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet.
Next PostName any two sub-line items (sub-headings) under which “Shareholder’s Funds” shall be classified in a Company’s Balance Sheet.

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