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Question

Banking and Financial Awareness Question on Financial Markets

As per the company Act 2013. (Schedule HI. part) the correct sequence of presentation of financial information in the Balance sheet are :
A. Money Received against share warrants
B.Long term borrowings
C.Authorized share capital
D.Trade payables
E. Profit for the current year
Choose the correct answer from the options given below :

A

A,B,D,C,E

B

C,D,B,A,E

C

C,E,A,B,D

D

C,A,B,D,E

Answer

C,E,A,B,D

Explanation

Solution

The correct answer is (C) : C,E,A,B,D.