Practicing Success

Register
Start Free Mocks
CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks
Home Questions 2J3EHHPK7J
Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:
Debentures are shown in the Balance Sheet under the head of ______________as per Schedule III of the Companies Act 2013.
Options:
Secured Loans
Unsecured Loans
Long Term Borrowing under the head "non Current Liabilities"
Share capital
Correct Answer:
Long Term Borrowing under the head "non Current Liabilities"
Explanation:
Debentures are shown in the Balance Sheet under the head of Long Term Borrowing under the head "non Current Liabilities" as per Schedule III of the Companies Act 2013.

CUET Questions