Arrange As Appear in Balance sheet as prescribed in part I of schedule III of the Companies act 2013-

(A) Non-current liabilities

(B) Current liabilities

(C) Current Asset

(D) Shareholders fund

Choose the correct answer from the options given below:

According to Part I of Schedule III of the Companies Act 2013, the Balance Sheet is prepared in a vertical format with the following sequence:

Equity and Liabilities side:

• Shareholders' Funds (Share Capital + Reserves and Surplus)
• Non-Current Liabilities
• Current Liabilities

Assets side:

• Non-Current Assets
• Current Assets

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From the given items, the correct order of appearance is:

(D) Shareholders' Fund → appears first under "Equity and Liabilities"

(A) Non-Current Liabilities → appears second under "Equity and Liabilities"

(B) Current Liabilities → appears third under "Equity and Liabilities"

(C) Current Assets → appears last on the "Assets" side (after Non-Current Assets)

Therefore, the sequence is: D, A, B, C which corresponds to Option 1.

The Balance Sheet follows a top-to-bottom approach where equity items are shown first, followed by liabilities (arranged from non-current to current), and then assets (arranged from non-current to current).