Match List-I with List-II. LIST I LIST II (A) Reserves and Surplus (I…

The correct answer is Option (1) → (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A) Reserves and Surplus — (I) Share Options Outstanding Account.
It is one of the listed classes of Reserves and Surplus.

(B) Non-current Liabilities — (II) Long term provisions.
Provisions not expected to be settled within the operating cycle are non-current liabilities.

(C) Current Liabilities — (III) Short-term borrowings.
Borrowings repayable within the operating cycle are current liabilities.

(D) Shareholders’ Fund — (IV) Calls in arrears.
Calls in arrears are deducted from the called-up capital in the share capital note, and share capital is part of Shareholders’ Funds.