Match List-I with List-II as per Schedule III of the Companies Act, 2013:List-IList-II(A) SHAREHOLDERS FUND(I) Non-current investments(B) CURRENT LIABILITIES(II) Reserves and Surplus(C) CURRENT ASSET(III) Trade Payables(D) FIXED ASSET(IV) InventoriesChoose the correct answer from the options given below:
- A(A) - (III), (B) - (I), (C) - (IV), (D) - (II)
- B(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
- C(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
- D(A) - (II), (B) - (III), (C) - (IV), (D) - (I)
Solution & Step-by-step Explanation
Matching the items of List-I with their respective sub-heads/items in List-II under Schedule III of the Companies Act, 2013:(A) Shareholders' Fund: Includes Reserves and Surplus (II)(B) Current Liabilities: Includes Trade Payables (III)(C) Current Asset: Includes Inventories (IV)(D) Fixed Asset / Non-Current Assets: Includes Non-current investments (I)Thus, the correct mapping is (A) - (II), (B) - (III), (C) - (IV), (D) - (I).