Match List – I with List – II.

Choose the correct answer from the options given below :

A-II, B-III, C-IV, D-I

The correct answer is Option (3) → A-II, B-III, C-IV, D-I

* Current Investments- Current Assets. Current Investments are financial investments that are expected to be held for a short period, usually less than one year. Current investments are categorized under current assets on the balance sheet because they are expected to be converted into cash or used up within the short term.

* Deferred Tax Assets (net) - Non-Current Assets. These represent potential future tax benefits that arise from temporary differences between accounting and tax rules. They are recognized when the company expects to realize the tax benefits in future periods. Deferred tax assets are classified as non-current assets because they are not expected to be realized within the short term. They represent long-term future benefits.

* Trade Payables - Current Liabilities: These are amounts owed by a company to its suppliers for goods or services received but not yet paid for. Trade payables are considered current liabilities because they represent obligations that are expected to be settled within the short term, typically within one year.

* Long-Term Borrowings - Non-Current Liabilities: These are debts or loans that have a maturity period of more than one year. Long-term borrowings can include bonds, bank loans, or other forms of long-term debt. Long-term borrowings are classified as non-current liabilities because they represent obligations that extend beyond the short term and are not expected to be settled within the next year.