Per Schedule III vertical format: Equity and Liabilities are shown first in order - Shareholder's Fund (C), Non-Current Liabilities (A), Current Liabilities (E). Then Assets - Non-Current Assets (B), Current Assets (D). Correct sequence is C, A, E, B, D.
What is the correct sequence to prepare company's Balance Sheet as per the standard format given according to schedule III of Companies Act 2013? A.…
CUET UG 2023 — Accountancy Financial Statements
2023mcqmedium
What is the correct sequence to prepare company's Balance Sheet as per the standard format given according to schedule III of Companies Act 2013?
A. Non Current Liability
B. Non Current Assets
C. Shareholder's Fund
D. Current Assets
E. Current Liability
Choose the correct answer from the options given below:
Official previous-year question
Held on 29 May 2023 · Verified 13 Jul 2026.
Options
- A
C, A, B, E, D
- B
A, B, C, D, E
- C
C, A, E, B, D
- D
A, C, E, B, D
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