Name any two sub-line items (sub-headings) under which “Shareholder’s Funds” shall be classified in a Company’s Balance Sheet. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Share Capital; (ii) Reserve and Surplus. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostName any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. Next PostName any two sub-line items (sub-headings) under which “Non-Current Liabilities” shall be classified in a Company’s Balance Sheet. You Might Also Like Capitals of kajal, Neerav and Alisha as on 31st March, 2022 amounted to Rs. 90,000, Rs. 3,30,000 and Rs. 6,60,000 respectively. Profit of Rs. 1,80,000 for the year ended 31st March, 2022 was distributed in the ratio of 4: 1: 1 after allowing interest on Capital @10% p.a. During the year, each partner withdrew Rs. 3,60,000. The Partnership Deed was silent as to profit-sharing ratio but provided for interest on capital @ 12%. Pass the necessary adjustment entry showing the working clearly. October 11, 2022 Madanlal Ltd has authorised share capital of Rs. 50,00,000 divided into 5,00,000 Equity Shares of Rs. 10 each. It has existing issued and paid up capital of Rs. 5,00,000. It further issued to public 1,50,000 Equity Shares at par for subscription payable as under: July 9, 2022 What is Total Assets to Debt Ratio? October 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.