Match List-I with List-II.
| LIST I | LIST II |
| (A) Shareholders fund | (I) Long-term loans and advances |
| (B) Non-current Liabilities | (II) Reserves and Surplus |
| (C) Current Liabilities | (III) Long term provisions |
| (D) Non-Current Assets | (IV) Trade payables |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is option 3- (A)-(II), (B)-(III), (C)-(IV), (D)-(I).
| LIST I | LIST II |
| (A) Shareholders fund | (II) Reserves and Surplus |
| (B) Non-current Liabilities | (III) Long term provisions |
| (C) Current Liabilities | (IV) Trade payables |
| (D) Non-Current Assets | (I) Long-term loans and advances |
(A) Shareholders fund- (II) Reserves and Surplus.
Shareholder’s Funds
- (a) Share Capital
- (b) Reserves and Surplus
- (c) Money received against share warrants
(B) Non-current Liabilities- (III) Long term provisions.
Non-current Liabilities
- (a) Long term borrowings
- (b) Deferred tax liabilities (net)
- (c) Other long term liabilities
- (d) Long term provisions
(C) Current Liabilities- (IV) Trade payables.
Current Liabilities
- (a) Short-term borrowings
- (b) Trade payables
- (c) Other current liabilities
- (d) Short-term provisions
(D) Non-Current Assets-(I) Long-term loans and advances.
Non-Current Assets
- (a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development - (b) Non-current investments
- (c) Deferred tax assets (net)
- (d) Long-term loans and advances
- (e) Other non-current assets