Question

Match the items given in Column I with the headings/sub-headings of Column II under which these are shown according to Schedule III Part 1 of the Companies Act, 2013:

	I	II
(i)	Securities Premium	Non current Liabilities
(ii)	Patents	Current Liabilities
(iii)	Short Term Loans and Advances	Current Assets
(iv)	Trade Payables	Intangible Assets
(v)	Long Term Borrowings	Reserves and Surplus

Options

• (i) - (e), (ii) - (d), (iii) - (c), (iv) - (b), (v) - (a)

• (i) - (a), (ii) - (b), (iii) - (c), (iv) - (d), (v) - (e)

• (i) - (b), (ii) - (c), (iii) - (a), (iv) - (d), (v) - (e)

• (i) - (a), (ii) - (b), (iii) - (e), (iv) - (d), (v) - (c)

Answer 1

(i) - (e), (ii) - (d), (iii) - (c), (iv) - (b), (v) - (a)

Explanation:

	I		II
(i)	Securities Premium	(e)	Reserves and Surplus
(ii)	Patents	(d)	Intangible Assets
(iii)	Short Term Loans and Advances	(c)	Current Assets
(iv)	Trade Payables	(b)	Current Liabilities
(v)	Long Term Borrowings	(a)	Non current Liabilities