Goodwill is a classic intangible asset (A-IV). Provision for taxation is classified as a short term provision (B-I). 10% debentures are a form of long term borrowings (C-III). Trade creditors fall under current liabilities (D-II). Therefore the correct matching is A-IV, B-I, C-III, D-II.
Match List I with List II | List I | List II | |---|---| | A. Intangible Assets | I. Provision for taxation | | B. Short term provision | II. Trade…
CUET UG 2022 — Accountancy Financial Statements
2022mcqeasy
Match List I with List II
| List I | List II |
|---|---|
| A. Intangible Assets | I. Provision for taxation |
| B. Short term provision | II. Trade creditor |
| C. Long term borrowings | III. 10% debentures |
| D. Current liabilities | IV. Goodwill |
Choose the correct answer from the options given below:
Official previous-year question
Held on 15 Jul 2022 · Verified 13 Jul 2026.
Options
- A
A-IV, B-I, C- III, D- II
- B
A-I, B- III, C- IV, D- II
- C
A-II, B- III, C- IV, D-I
- D
A- I, B- IV, C-III, D-II
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