Arrange different items of Balance Sheet as per revised Schedule III to the Companies Act, 2013-(A) Shareholder's Funds(B) Non-Current Assets(C) Current Liabilities(D) Share Application money pending allotment(E) Current AssetsChoose the correct answer from the options given below:
- A(A), (B), (E), (C), (D)
- B(A), (E), (C), (B), (D)
- C(A), (D), (C), (B), (E)
- D(C), (B), (D), (A), (E)
Solution & Step-by-step Explanation
According to Part I of Revised Schedule III of the Companies Act, 2013, the structure follows a vertical sequence:Equity and Liabilities:Shareholders' Funds (A)Share application money pending allotment (D)Non-current liabilitiesCurrent liabilities (C)Assets:Non-current assets (B)Current assets (E)Therefore, the proper sequence is (A), (D), (C), (B), (E).