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Commerce · Q1842

Accounting

Graduate and Post Graduate · Commerce · question 1842

Q1842

In which order the following items will be shown on the liabilities side of the Balance Sheet of a Company: 1. Current liabilities and provisions 2. Secured loans 3. Share capital 4. Reserves and surplus Select the correct answer:

A.
3, 4, 2, 1
Answer
B.
1, 2, 3, 4
C.
4, 3, 2, 1
D.
3, 4, 1, 2

Answer: Option A

Solution

Answer: Option A
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