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Match List - I with List - II.

List - IList - 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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