Arrange the following component of a common size balance sheet as per schedule 3.
A. Shareholder's funds
B. Non-current liabilities
C. Current liabilities
D. Share Application money pending allotment
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → A, D, B, C
The Equity and Liabilities side of the balance sheet under Schedule III, which the common size balance sheet follows, runs in this order:
A. Shareholder’s funds
D. Share application money pending allotment
B. Non-current liabilities
C. Current liabilities
NCERT (2026-27 edition):
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