14. Past Ltd. had the following items under the head "Reserves and Surplus” the Balance Sheet as on 31st March 2025: (Amount ` in lakhs) Securities Premium Account 90 Capital Reserve 40 Revaluation Reserve 70 The company had an accumulated loss of ` 280 lakhs on the same date, which was disclosed under the head "Statement of Profit and Loss" as asset in Balance Sheet. What should be disclosed on the face of Balance Sheet as per Schedule III to the Companies Act, 2013?
Options
AReserve and Surplus-Securities premium 90 lakhs; others ` 110 lakh and
Accumulated loss ` 280 lakhs in the Asset side.
BReserve and Surplus ` 200 lakhs; and Accumulated loss ` 280 lakhs in
the Asset side.
CReserve and Surplus - ` 200 lakhs only
(D Reserve and Surplus - ` 80 lakhs only
D
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