Question
Accountancy Question on Assets & Liabilities
The following are the items appearing in Equities and Liabilities side of Balance Sheet
A. Deferred tax Assets (Net)
B. Reserve and Surplus
C. Deferred tax Liabilities (Net)
D. Long term borrowings
E. Long term loans and Advances
Choose the correct answer from the options given below:
A
A, B and C only
B
B, C and D only
C
B, C, D and E only
D
A, D and E only
Answer
B, C and D only
Explanation
Solution
The correct option is (B): B, C and D only