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Question
Match the items given in Column I with the correct heading/sub-heading given in Column II.
| Column I | Column II | ||
| A. | 9% Debentures redeemable during the current year | (i) | Intangible assets |
| B. | Loose tools | (ii) | Current liabilities |
| C. | Copyright | (iii) | Cash and Cash equivalents |
| D. | Cash at bank | (iv) | Inventories |
Options
A - (i), B - (ii), C - (iii), D - (iv)
A - (iii), B - (ii), C - (iv), D - (i)
A - (iv), B - (iii), C - (ii), D - (i)
A - (ii), B - (iv), C - (i), D - (iii)
MCQ
Match the Columns
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Solution
A - (ii), B - (iv), C - (i), D - (iii)
Explanation:
| Column I | Column II | ||
| A. | 9% Debentures redeemable during the current year | (iv) | Inventories |
| B. | Loose tools | (iii) | Cash and Cash equivalents |
| C. | Copyright | (ii) | Current liabilities |
| D. | Cash at bank | (i) | Intangible assets |
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