Arrange the following under the heading Equities and Liabilities in balance sheet of a company.

(A) Non-current liabilities

(B) Current liabilities

(C) Shareholders fund

(D) Share application money pending allotment

Choose the correct answer from the options given below:

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

The correct answer is option 3- (C), (D), (A), (B).

(C) Shareholders fund

(D) Share application money pending allotment

(A) Non-current liabilities

(B) Current liabilities

THE FORMAT OF BALANCE SHEET OF A COMPANY IS AS FOLLOWS-

(EQUITY AND LIABILITIES)

1) Shareholder’s Funds

• (a) Share Capital
• (b) Reserves and Surplus
• (c) Money received against share warrants

2) Share Application money pending allotment

3) Non-current Liabilities

• (a) Long term borrowings
• (b) Deferred tax liabilities (net)
• (c) Other long term liabilities
• (d) Long term provisions

4) Current Liabilities

• (a) Short-term borrowings
• (b) Trade payables
• (c) Other current liabilities
• (d) Short-term provisions

(ASSETS)

1) Non-Current Assets

• (a) Fixed assets
         (i) Tangible assets
         (ii) Intangible assets
         (iii) Capital work-in-progress
         (iv) Intangible assets under development
• (b) Non-current investments 
• (c) Deferred tax assets (net)
• (d) Long-term loans and advances
• (e) Other non-current assets

2) Current Assets

• (a) Current investments
• (b) Inventories
• (c) Trade receivables
• (d) Cash and cash equivalents
• (e) Short-term loans and advances
• (f) Other current asset