New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    Which of the following appears under the heading

    'Reserves & Surplus' in the balance sheet?
    A Share Options Outstanding Account Correct Answer Incorrect Answer
    B Share Application Money Pending Allotment Correct Answer Incorrect Answer
    C Long Term Provisions Correct Answer Incorrect Answer
    D Secrete Reserves Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    "Share Options Outstanding Account" typically appears under the "Reserves & Surplus" section of the balance sheet. It represents the value of shares that have been granted or reserved for employees or others but have not been exercised or allotted.

    Practice Next