The correct answer is option 3- A-II, B-I, C-III, D-IV.
| PARTICULARS |
SUB- HEADINGS |
| A) Bank Overdraft |
II) Short-term Borrowings |
| B) Drafts in hand |
I) Cash and cash equivalents |
| C) Trade Marks |
III) Intangible fixed assets |
| D) Premium on redemption of debentures |
IV) Long-term Provisions |
* Bank overdrafts are short-term borrowings. Hence, it is a current liability.
* Drafts in hand are cash and cash equivalents. Hence, it is a current asset.
* Trademarks are an intangible fixed asset.
* Premium on redemption of debentures is Long-term provisions and are non-current liability because they do not come within the operating cycle period. So they comes under subhead long term provisions in non current liability major head.
* EQUITY AND LIABILITIES
1) Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus (c) Money received against share warrants
2) Share Application money pending allotment
3) Non-current Liabilities (a) Long term borrowings (b) Deferred tax liabilities (net) (c) Other long term liabilities (d) Long term provisions
4) Current Liabilities (a) Short-term borrowings (b) Trade payables (c) Other current liabilities (d) Short-term provisions
* ASSETS
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 assets | 
