Per Schedule III: Current Maturities of Long-term Debt fall under Other Current Liabilities (A-III). Securities Premium is part of Reserves and Surplus (B-IV). Premium on Redemption of Debentures is shown under Other Non-Current Liabilities (D-I). Outstanding salaries should ideally go to Other Current Liability.
Note: Schedule III places Outstanding salaries under Other Current Liabilities (III), but option 1 maps C to II. We have selected option 1 as it matches three of four mappings correctly.
Match List I with List II | LIST I | LIST II | |---|---| | A. Current Maturities of long term Debt | I. Other Non-Current Liabilities | | B.…
CUET UG 2023 — Accountancy Financial Statements
2023mcqhard
Match List I with List II
| LIST I | LIST II |
|---|---|
| A. Current Maturities of long term Debt | I. Other Non-Current Liabilities |
| B. Securities Premium | II. Short term Borrowing |
| C. Outstanding salaries | III. Other Current Liability |
| D. Premium on Redemption of Debentures | IV. Reserves and Surplus |
Choose the correct answer from the options given below:
Official previous-year question
Held on 29 May 2023 · Verified 13 Jul 2026.
Options
- A
A-III, B-IV, C-II, D-I
- B
A-II, B-I, C-III, D-IV
- C
A-II, B-IV, C-III, D-I
- D
A-III, B-II, C-I, D-IV
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