Question

Which of the following is not shown under the heading “Non-current Assets”?

Options

• Capital Work-in-Progress.

• Cash and Cash Equivalents.

• Patents and Trademarks.

• Property, Plant and Equipment.

Answer 1

Cash and Cash Equivalents.

Explanation:

Cash and Cash Equivalents (like bank balances and liquid cash) are highly liquid resources meant for immediate use within 12 months, making them a Current Asset. On the other hand, Property, Plant and Equipment, Capital Work-in-Progress, and Patents are long-term resources used over multiple years, so they belong strictly under Non-current Assets.