Premium on the issue of shares should be shown :

a.

On the Equity & Liabilities side of balance sheet

b.

On the Assets side of balance sheet

c.

None of the Options given

d.

In Income Statement

A preference share which does not have the right of sharing in surplus profits

a.

Non-participating Preference Share

b.

Non-convertible Preference Share

c.

Non-Cumulative Preference Share

d.

Irredeemable Preference Share