Question

From the given items which is a part of Current Liabilities:

विकल्प

• Inventories

• Trade Payables

• Cash and Cash Equivalents

• Trade Receivables

Answer 1

Trade Payables

Explanation:

Under Schedule III of the Companies Act, trade payables represent the amounts owed by a company to its creditors or suppliers for goods purchased or services received on credit. Since these debts are expected to be settled within the normal operating cycle or within 12 months, they are structurally classified under current liabilities.