Arrange different items of Balance Sheet as per revised Schedule III to the Companies Act, 2013-
(A) Shareholder's Funds
(B) Non-Current Assets
(C) Current Liabilities
(D) Share Application money pending allotment
(E) Current Assets
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → (A), (D), (C), (B), (E)
Schedule III shows Equity and Liabilities first and Assets after them, each head in a fixed order:
(A) Shareholder’s Funds
(D) Share Application money pending allotment
(C) Current Liabilities
(B) Non-Current Assets
(E) Current Assets
Non-current liabilities, which come between (D) and (C), are not in the list.
NCERT (2026-27 edition):
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