Arrange as appear in Balance sheet as prescribed in part I of schedule III of the Companies Act 2013-
(A) Non-current liabilities
(B) Current liabilities
(C) Current Asset
(D) Shareholders fund
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (D), (A), (B), (C)
Part I of Schedule III shows Equity and Liabilities first and Assets after them, each head in a fixed order:
(D) Shareholders’ funds — head 1) under Equity and Liabilities.
(A) Non-current liabilities — head 3), after share application money pending allotment.
(B) Current liabilities — head 4), the last head of Equity and Liabilities.
(C) Current assets — under II. Assets, after non-current assets.
NCERT (2026-27 edition):
|
