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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.

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