Match List-I with List-II. List-I List-II (A) Capital Reserve (I) Cas…

The correct answer is Option (1) → (A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Each item goes under its head in the Balance Sheet of a company:

(A) Capital Reserve — this matches (III) Reserve and Surplus. It is the first item under the head Reserves and Surplus.

(B) Call in advance — this matches (IV) Other Current Liabilities. It is money owed back to shareholders until the call is made, so it is a liability.

(C) Licence and Franchise — this matches (II) Intangible Fixed Assets. They are rights with no physical form, used for many years.

(D) Marketable Securities — this matches (I) Cash and Cash Equivalent. Short-term marketable securities can be turned into cash at once.