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

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.

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