Arrange the following in a sequence under the head Current assets of Assets Side of Balance Sheet of a Company as per Schedule III of Companies Act, 2013.

A. Current Investment
B. Trade Receivables
C. Inventories
D. Cash and Cash equivalents
E. Short term loans and advances

Choose the correct answer from the options given below.

A, C, B, D, E

The correct answer is Option (2) - A, C, B, D, E.

The sequence of Current Assets in the balance sheet is as follows-

(1) Current investments
(2) Inventories
(3) Trade receivables include bills receivable
(4) Cash and cash equivalents include cash at bank
(5) Short-term loans and advances
(6) Other current assets