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
Schedule III lists current assets in this order:
B. Current Investment – (a)
D. Inventories – (b)
A. Trade Receivable – (c)
C. Cash and Cash equivalents – (d)
E. Short term loans and advances – (e), followed by other current assets.
NCERT (2026-27 edition):
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