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Question
Match the following:
| (i) | Debentures redeemable after two years | (a) | Long-term provision |
| (ii) | Debentures redeemable within one year | (b) | Short-term provision |
| (iii) | Provision for Provident Fund | (c) | Other current liability |
| (iv) | Outstanding Salary | (d) | Long-term borrowings |
Choose the Correct Option:
Options
(i) - (a), (ii) - (b), (iii) - (b), (iv) - (c)
(i) - (b), (ii) - (b), (iii) - (d), (iv) - (c)
(i) - (d), (ii) - (c), (iii) - (a), (iv) - (c)
(i) - (d), (ii) - (c), (iii) - (b), (iv) - (b)
MCQ
Match the Columns
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Solution
(i) - (d), (ii) - (c), (iii) - (a), (iv) - (c)
Explanation:
| (i) | Debentures redeemable after two years | (d) | Long-term borrowings |
| (ii) | Debentures redeemable within one year | (c) | Other current liability |
| (iii) | Provision for Provident Fund | (a) | Long-term provision |
| (iv) | Outstanding Salary | (c) | Other current liability |
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