Arrange the following in correct sequence in preparation of the Balance sheet of a company.

(A) Non-current Liabilities
(B) Shareholder's Funds
(C) Current Liabilities
(D) Contingent liabilities

Choose the correct answer from the options given below:

(B), (A), (C), (D)

The correct answer is Option 2: (B), (A), (C), (D)

Order per Schedule III: Shareholders’ Funds → Non-current Liabilities → Current Liabilities, with Contingent Liabilities