Identify the correct sequence of different items to be shown in a Balance-Sheet of a company.
(A) Trade payable
(B) Non-Current Investments
(C) Deferred tax Liabilities
(D) Intangible Assets
(E) Long term borrowing
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (E), (C), (A), (D), (B)
The Schedule III Balance Sheet shows Equity and Liabilities first (non-current liabilities before current liabilities) and then Assets (non-current assets first):
(E) Long term borrowing — non-current liabilities, item (a).
(C) Deferred tax Liabilities — non-current liabilities, item (b).
(A) Trade payable — current liabilities, which come after the non-current ones.
(D) Intangible Assets — non-current assets, under fixed assets.
(B) Non-Current Investments — non-current assets, after fixed assets.
NCERT (2026-27 edition):
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