Match List - I with List - II.
List - I List - II (A) Share Capital (I) 10% debenture (B) Reserve and Surplus (II) Interest accrued and due (C) Non-current Liability (III) Share forfeited account (D) Current Liability (IV) Capital Redemption Reserve
Choose the correct answer from the options given below :
Match List - I with List - II.
| List - I | List - II |
|---|---|
| (A) Share Capital | (I) 10% debenture |
| (B) Reserve and Surplus | (II) Interest accrued and due |
| (C) Non-current Liability | (III) Share forfeited account |
| (D) Current Liability | (IV) Capital Redemption Reserve |
Choose the correct answer from the options given below :
Solution
✅ Correct Option: 3
Share Capital includes Share forfeited account (III). Reserve and Surplus includes Capital Redemption Reserve (IV). Non-current Liability includes 10 percent debenture (I). Current Liability includes Interest accrued and due (II). Hence A-III, B-IV, C-I, D-II.
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