Practicing Success
Practicing Success
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Match List I with List II.
Choose the correct answer from the options given below. |
(A)-(III), (B)-(IV), (C)-(I), (D)-(II) (A)-(III), (B)-(II), (C)-(I), (D)-(IV) (A)-(III), (B)-(I), (C)-(IV), (D)-(II) (A)-(III), (B)-(I), (C)-(II), (D)-(IV) |
(A)-(III), (B)-(IV), (C)-(I), (D)-(II) |
The correct answer is Option (1) → (A)-(III), (B)-(IV), (C)-(I), (D)-(II) * Inventory- It is shown in the head current assets. * Current maturity of Debentures- It is due for the company in the current year so it is a current liability and shown under the subhead short term borrowings. * Securities Premium- It is the reserve of the company so it is shown in the reserves and surplus head. * Debentures- Debentures is a long term borrowing and shown in the non current liability. |
