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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:

Solution

✅ Correct Option: 4

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).

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