Match List-I with List-II.
| LIST I | LIST II |
| (A) Shareholders fund | (I) Non-current investments |
| (B) Current Liabilities | (II) Reserves and Surplus |
| (C) Current Asset | (III) Trade payables |
| (D) Non Current Asset | (IV) Inventories |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is option 4- (A)-(II), (B)-(III), (C)-(IV), (D)-(I).
| LIST I | LIST II |
| (A) Shareholders fund | (II) Reserves and Surplus |
| (B) Current Liabilities | (III) Trade payables |
| (C) Current Asset | (IV) Inventories |
| (D) Non Current Asset | (I) Non-current investments |
(A) Shareholders fund- (II) Reserves and Surplus.
Shareholder’s Funds
- (a) Share Capital
- (b) Reserves and Surplus
- (c) Money received against share warrants
(B) Current Liabilities- (III) Trade payables.
Current Liabilities
- (a) Short-term borrowings
- (b) Trade payables
- (c) Other current liabilities
- (d) Short-term provisions
(C) Current Asset- (IV) Inventories.
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
(D) Non Current Asset- (I) Non-current investments.
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