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Public deposits appear under which of the following head in a company’s balance sheet?
  • a)
    Current liabilities
  • b)
    Non-current liabilities
  • c)
    Reserves and surplus
  • d)
    Shareholders'funds
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Public deposits appear under which of the following head in a company&...
Public deposits are long-term borrowings so they are included under the head non-current liabilities.
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Community Answer
Public deposits appear under which of the following head in a company&...
Public deposits typically appear under the "Liabilities" head in a company's balance sheet.
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Public deposits appear under which of the following head in a company’s balance sheet?a)Current liabilitiesb)Non-current liabilitiesc)Reserves and surplusd)ShareholdersfundsCorrect answer is option 'B'. Can you explain this answer?
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