As per Schedule III of Companies Act, current assets are shown in order: Current Investments (E), Inventories (D), Trade Receivables/Bills Receivables (A), Cash and Cash Equivalents (B), Short-term Loans and Advances (C).
Identify the correct sequence of current assets in company's Balance sheet?
A. Bills Receivables
B. Cash & cash equivalents
C. Short term loans & advances
D. Inventories
E. Current investments
Choose the correct answer from the options given below:
Held on 30 Aug 2022 · Verified 13 Jul 2026.
C, A, B, E, D
D, C, E, A, B
B, D, E, C, A
E, D, A, B, C
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