As per ICAI Guidance Note, at the end of the year, balance of Share Options Outstanding Account should be shown under the:

CS Executive · Corporate and Management Accounting · PYQS · December 2019
As per ICAI Guidance Note, at the end of the year, balance of Share Options Outstanding Account should be shown under the:
(A) Current Liabilities
(B) Reserve and Surplus
(C) Current Assets
(D) Non-current Liabilities

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Accounting

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