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Home Questions JWFGUYHSPB
Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:

Which of the following is not a subhead under the current assets of a company's balance sheet?

Options:

Cash and Cash Equivalents

Trademarks

Short-term Loans and Advances

Inventories

Correct Answer:

Trademarks

Explanation:

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

CUET Questions