Arrange the following balance sheet item

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Partnership

Question:

Arrange the following balance sheet items in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013-

(A) Current Assets
(B) Shareholder's Funds
(C) Non-current Liabilities
(D) Non-Current Assets
(E) Current Liabilities

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (3) → (B), (C), (E), (D), (A)