Under which Major Headings and Sub-Headings will the following items b

Under which Major Headings and Sub-Headings will the following items be presented in the Balance Sheet of a Company as Per Schedule III, Part I of the Companies Act , 2013 > (i) Interest Accrued and Due on Debentures. (ii) Loose Tools. (iii) Accrued Interest on Calls in Advance. (iv) Interest Due on Calls in Arrears (v) Trademarks. (vi) Premium on Redemption of Debentures. (vii) Plant and Machinery. (viii) Patents.

Answer»

Balance Sheet of a Company as Per Schedule III, Part I of the Companies Act, 2013

S. No.	Items	Major Heading	Sub Heading
(i)	Interest Accrued and Due on Debentures	Current Liabilities	Other Current Liabilities
(ii)	Loose Tools	Current Assets	Inventories
(iii)	Accrued Interest on Calls in Advance	Currents Liabilities	Other Current Liabilities
(iv)	Interest Due on Calls in Arrears	Current Assets	Other Current Assets
(v)	Trademarks	Non-Current Assets	Fixed Assets – Intangible
(vi)	Premium on Redemption of Debentures	Non-Current Liabilities	Other Long Term Liabilities
(vii)	Plant and Machinery	Non-Current Assets	Fixed Assets – Tangible Assets
(viii)	Patents	Non-Current Assets	Fixed Assets – Intangible Assets