Read the following information about the company and answer the following question.
Subscribed and fully paid-up capital is 35,500 equity shares of ₹100 each.
Subscribed but not fully paid-up capital is 500 equity shares of ₹100 each fully called up on which ₹20 is unpaid.
Out of 500 shares, 200 shares are forfeited.

In which main head share capital is shown in the balance sheet of the company?

Shareholders funds

The correct answer is option 1 - Shareholders funds.

Shareholders funds is the main head under which share capital is shown in the balance sheet of the company.

Performa of balance sheet of EQUITY AND LIABILITIES side is as follows-
1) Shareholder’s Funds

• (a) Share Capital
• (b) Reserves and Surplus
• (c) Money received against share warrants

2) Share Application money pending allotment

3) Non-current Liabilities

• (a) Long term borrowings
• (b) Deferred tax liabilities (net)
• (c) Other long term liabilities
• d) Long term provisions

4) Current Liabilities

• (a) Short-term borrowings
• (b) Trade payables
• (c) Other current liabilities
• (d) Short-term provisions