Name the major heads and sub-heads under which the following items will be presented in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, $\displaystyle 2013$ : (a) Goodwill (b) Debenture Redemption Reserve (c) Licenses and Franchise

S.N. Item Major Head Sub Head a Goodwill Non-Current Assets Fixed Assets - Intangible b Debenture Redemption Reserve Shareholders’ Funds Reserves and Surplus c Licenses and Franchise Non-Current Assets Fixed Assets - Intangible Note – • • Assets in lieu of Fixed Assets under sub head of part a and c.