Question

Which of the following items is shown under the head 'Current Liabilities' while preparing the Balance Sheet of a company?

विकल्प

• Securities Premium

• Debentures

• Livestock

• None of the above

Answer 1

None of the above

Explanation:

1. Securities Premium is part of Reserves & Surplus under Shareholders' Funds.

2. Debentures are usually Long-term Borrowings, not current liabilities.

3. Livestock is a Non-Current Asset (biological asset), not a liability.

None of these are classified under Current Liabilities.