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Which one of the following items is shown under the heading ‘current liabilities’ in the Balance Sheet of a company?
Investments
Reserve Fund
Unclaimed Dividend
Livestock
- Investments
* Long-term investments appear as non-current assets.
* Short-term investments might qualify as current assets, not liabilities.
- Reserve Fund
* Represents retained earnings or profits reserved for specific purposes.
* Appears under shareholders' equity and not current liabilities.
- Unclaimed Dividend
* Represents dividends declared but not yet paid to shareholders.
* ? Often shown under current liabilities, as it’s a short-term obligation.
- Livestock
* Considered a tangible asset under agriculture.
* Appears in assets, not liabilities, depending on usage duration.
By: santosh ProfileResourcesReport error
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