Equity and Liabilities side contains Reserve and Surplus, Deferred tax Liabilities (Net) and Long term borrowings. Deferred tax Assets (Net) and Long term loans and Advances appear on the Assets side.
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:
Held on 20 Jun 2023 · Verified 13 Jul 2026.
A, B and C only
B, C and D only
B, C, D and E only
A, D and E only
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Work through every CUET UG Financial Statements PYQ, year by year.