Match List I with List IILIST I: Major HeadA. Fixed assetsB. Current AssetsC. Current LiabilitiesD. Shareholder's FundsLIST II: Sub HeadI. Short term provisionsII. Money received against share warrantsIII. Non current investmentIV. InventoriesChoose the correct answer from the options given below:
- AA - IV, B - I, C - II, D - III
- BA - III, B - IV, C - I, D - II
- CA - I, B - IV, C - II, D - III
- DA - II, B - I, C - IV, D - III
Solution & Step-by-step Explanation
A. Fixed Assets corresponds to Non current investment (III) (broadly classified under Non-Current Assets).B. Current Assets corresponds to Inventories (IV).C. Current Liabilities corresponds to Short term provisions (I).D. Shareholder's Funds corresponds to Money received against share warrants (II).