Accountancy, asked by sumanbesra, 2 months ago

10 How will you classify the following in a Company's Balance Sheet?
(i) Reserve and Surplus; (ii) Money received against share warrants.

Answers

Answered by tiwarikuldeepnarayan

Explanation:

Where do you record the money received against share warrants?

Money received against Share Warrants is shown under Equities & Liabilities side of the Balance Sheet or The Position Statement. Under the heading 'Shareholders Funds' & in the Subheading of 'Money received against Share Warrants'.

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10 How will you classify the following in a Company's Balance Sheet?(i) Reserve and Surplus; (ii) Money received against share warrants.​

Answers

10 How will you classify the following in a Company's Balance Sheet?
(i) Reserve and Surplus; (ii) Money received against share warrants.