Which among the following items is shown as the Major Head in the balance sheet of a company?

Current Assets

In a standard balance sheet, items are organized into major categories. The major heads typically include:

• Assets (which are further divided into Current Assets and Non-Current Assets)

• Liabilities (which are further divided into Current Liabilities and Non-Current Liabilities)

• Equity (or Shareholders' Funds)

The other options are all sub-items that fall under these major heads:

• Deferred tax assets are a type of non-current asset

• Trade payables are a sub-heading under current liabilities.

• Long-term provisions are a sub-heading under non-current liabilities.