Arrange the following items as per vertical form of Balance Sheet of a company.
A. Trade Receivable
B. Current Investment
C. Cash and Cash equivalents
D. Inventories
E. Short term loans and advances
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 3
The correct answer is option (3) : B, D, A, C, E.
B. Current Investment
D. Inventories
A. Trade Receivable
C. Cash and Cash equivalents
E. Short term loans and advances
ASSETS SIDE OF BALANCE SHEET
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