Advanced Questions

1:

How are the following items arranged in the liability side of the Balance Sheet of a Company?

(i) Current Liability and Provisions

(ii) Secured Loans

(iii) Share Capital

(iv) Unsecured Loans

(v) Reserve and Surplus

A.

(i) (ii) (iii) (iv) (v)

B.

(iii) (i) (ii) (iv) (v)

C.

(iii) (v) (ii) (iv) (i)

D.

(iii) (v) (ii) (i) (iv)

 

Answer : D

Explanation :

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Option: A

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