Match List - I with List - II.
|l - I & - II \\ (A) Share Capital & (I) 10% debenture \\ (B) Reserve and Surplus & (II) Interest accrued and due \\ (C) Non-current Liability & (III) Share forfeited account \\ (D) Current Liability & (IV) Capital Redemption Reserve
Choose the correct answer from the options given below:
- A(A)-(I), (B)-(II), (C)-(III), (D)-(IV)
- B(A)-(II), (B)-(I), (C)-(III), (D)-(IV)
- C(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
- D(A)-(III), (B)-(I), (C)-(IV), (D)-(II)
Solution & Step-by-step Explanation
According to Schedule III structural mapping definitions:(A) Share Capital includes the (III) Share forfeited account.(B) Reserve and Surplus includes (IV) Capital Redemption Reserve.(C) Non-current Liability maps to Long-term borrowings like (I) 10% debenture.(D) Current Liability includes Other Current Liabilities like (II) Interest accrued and due.Thus, the exact match is (A)-(III), (B)-(IV), (C)-(I), (D)-(II).