Rearrange the following in correct sequence under the heading 'Non-current assets' on the assets side of a company's Balance Sheet.
A) Property, plant and equipment and intangible assets
B) Deferred tax assets (net)
C) Long term loans and advances
D) Other non current assets
E) Non-current investments
Choose the correct answer from the options given below-
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → A, E, B, C, D
Schedule III lists the non-current assets in a fixed order. The book’s form calls the first head “Fixed assets” (tangible and intangible assets); after the 2021 amendment of Schedule III this head reads “Property, plant and equipment and intangible assets”.
(A) Property, plant and equipment and intangible assets
(E) Non-current investments
(B) Deferred tax assets (net)
(C) Long-term loans and advances
(D) Other non-current assets
NCERT (2026-27 edition):
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